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HealthNet Reports $49 Million Net Loss in 2009
HC Pro - Joe Cantlupe, for HealthLeaders Media

HealthNet Inc., today announced a net loss of $49 million for 2009, as well as fourth-quarter earnings losses, which the company attributed to the sale of its Northeast business and company strategies related to other transactions, according to the company. The reported adjusted net income for the full year of 2009 was $235.1 million, which is compared to adjusted net income for the full year of 2008 of $199.1 million.

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