News Headlines Article

Health Net swings to a third-quarter profit
Los Angeles Business Journal

Health Net Inc., which is being acquired by Centene Corp., posted third-quarter profits compared with a loss last year, helped by revenue from increased enrollment in its health plans. Woodland Hills-based Health Net(NYSE: HNT) said it earned $60.3 million, or 77 cents per share, in the third quarter, compared with a loss of $8.9 million, or 11 cents per share, in the year-earlier period.