During Monday’s current trade, Aetna Inc (NYSE:AET)’s shares incline 4.53% to $129.75.
A.M. Best has affirmed the various financial strength ratings (FSR) and the issuer credit ratings (ICR) for the insurance and health maintenance organization auxiliaries of Aetna Inc. (Aetna) (Hartford, CT) [NYSE:AET]. Conpresently, A.M. Best has affirmed the ICR of “bbb+” and debt ratings of Aetna. All ratings have a stable outlook.
The ratings affirmations for Aetna and its auxiliaries reflect the organization’s favorable long-term operating earnings and premium growth trend, excellent cash flows, its diversified product portfolio and improved financial flexibility at the parent level. The merged Aetna branded health and life insurance associates, led by Aetna Life Insurance Company, the organization’s flagship operating entity, have generated strong operating and net income results over several years. Aetna’s earnings have been driven by steady operating margins in its health care segment, which have been augmented by low medical cost trends and improved operational efficiencies. These trends were supported by solid operating margins in 2014. Recent growth in premium has been driven by membership growth in its health exchange, Medicare and Medicaid businesses. Aetna’s government business now represents over 40 percent of total health premiums. The company’s strong results were achieved despite one of the largest Medicare Advantage rate cuts in the program’s history.
Aetna Inc. operates as a health care benefits company in the United States. It operates through three segments: Health Care, Group Insurance, and Large Case Pensions. The Health Care segment offers medical, pharmacy benefit administration services, dental, behavioral health, and vision plans on an insured basis, and an employer-funded or administrative basis.
Fortinet Inc (NASDAQ:FTNT)‘s shares gain 1.18% to $43.63, during the current trading session Monday’s, hitting its highest level.
Fortinet Inc (FTNT) a global leader in high-performance cyber security solutions, declared that Swisscom (SCMN.VX), the major telecom operator in Switzerland, has selected FortiGate® high performance data center firewall, FortiManager™ security administration appliance and FortiAnalyzer™ network security logging, analysis and reporting solutions to protect vital data center infrastructure. Fortinet’s ability to virtualize high performance firewall capabilities was central to Swisscom’s investment, future proofing the scale and flexibility of security for its service delivery data center.
Swisscom is the largest telecom operator in Switzerland, with over 21,000 employees and annual turnover of over 11bn EUR. The company offers mobile communications, fixed networks, Internet and digital TV services to millions of corporate and residential customers.
The security of its service delivery infrastructure is an important component of the Swisscom 2020 corporate strategy. “A key part of our long-term strategy is to build the best possible data center infrastructure for over 100 different customer-facing services, and to achieve this we’ve chosen Fortinet as our solution for high-performance firewalling,” said Gianpiero Tavano, network and security development engineer at Swisscom.
Fortinet, Inc. provides cyber security solutions for enterprises, service providers, and government organizations worldwide. The company offers FortiGate physical and virtual appliances products that provide various integrated security and networking functions to protect data, applications, and users from network- and content-level security threats; FortiManager product family to manage the system configuration and security functions of multiple FortiGate devices from a centralized console; and the FortiAnalyzer product family, which enables the collection, analysis, and archiving of content and log data generated by its products. It also offers FortiAP secure wireless access points; FortiWeb that provides security for Web-based applications; FortiMail for multi-featured messaging security; FortiDB for centrally managed database-specific security; FortiClient, an endpoint security product for desktops, laptops, and mobile devices; FortiScan for endpoint vulnerability assessment and remediation; and FortiSwitch Ethernet switches.
In an afternoon trade, Nuance Communications Inc. (NASDAQ:NUAN)‘s shares surge 0.27% to $18.25.
Nuance Communications, Inc. (NUAN) declared a partnership with Jvion, a healthcare predictive analytics company, to provide further support to healthcare organizations with Advanced Practice Clinical Documentation Improvement™ (CDI) as they prepare for the shift to a value-based reimbursement model. Part of the Nuance Clintegrity 360 solution, Advanced Practice CDI now provides physicians with real-time visibility and guidance into how clinical documentation translates into quality metric scores and appropriate reimbursement. By counting Jvion’s data analytics reports into Advanced Practice CDI, Nuance enables organizations to dive deeper into their own clinical data and pinpoint specific target areas for clinical documentation improvement.
Although the industry is transitioning payment models, many healthcare organizations are not prepared to fully make this shift due to the revenue gap that exists between reimbursement under recently’s fee-for-service system and the changing rules under a value-based payment model. Advanced Practice CDI arms healthcare organizations with actionable insights and data to ensure they are accurately and compriseently charting information to capture the severity of their patient populations, case mix index (CMI) and associated levels of care.
Nuance Communications, Inc. provides voice and language solutions for businesses and consumers worldwide. It offers hosted and on-premise solutions and services that provide platforms to generate and distribute clinical documentation through the use of dictation and transcription features; clinical documentation improvement programs; and speech recognition solutions for radiology, cardiology, pathology, and related specialties enabling healthcare providers to dictate, edit, and sign reports without manual transcription.
Parkway Properties Inc (NYSE:PKY), during its Monday’s current trading session 1.66% gain and closed at $17.81.
Parkway Properties, Inc. (PKY) declared that its Board of Directors has declared a quarterly dividend of $0.1875 per share, payable on June 24, 2015 to shareholders of record of Common Stock on June 10, 2015. This dividend is the 115th successive quarterly distribution to Parkway’s shareholders of Common Stock and represents an annualized dividend rate of $0.75 per share.
Parkway Properties, Inc., a real estate investment trust (REIT), engages in the operation, acquisition, ownership, administration, and leasing of office properties. It operates and invests principally in office properties in the southeastern and southwestern United States and Chicago. The company also offers real estate services. As of April 1, 2005, Parkway Properties had an interest in 64 office properties located in 11 states.
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