In order to enhance its managed care services,
), a leading health benefits organization stated that it will
start using the services provided by its CareNex towards
coordinating neonatal care.
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California based CareNex Health Services company delivers
Utilization Review Accreditation Commission (URAC) accredited
neonatal management services. It was acquired by WellPoint in Dec
2012. Now with the incorporation of CareNex into its maternity
benefits coverage, WellPoint intends to strengthen its portfolio
so as to gain on more beneficiaries and in turn streamline
As per reports from Centers for Disease Control and Prevention
(CDC), about half a million babies in America are born
prematurely. As a result most of them suffer from serious health
complications. Moreover treatment of such diseases are quite
fragmented and expensive. At this juncture, Well Point intends to
bring to these infants and their mothers, efficient, personalized
and coordinated healthcare services by utilizing CareNex that is
well known for its neonatal care services. In this regard,
CareNex's clinical data repository, its nationally acclaimed
Physician Advisory Board and solid expertise are expected to be
of much help to WellPoint.
The integration of CareNex's services into WellPoint's maternity
and infant care services is expected to help the latter in
strengthening its pre and post natal services. This strategic
initiative is believed to enhance consumer confidence on the
patient-specific care and services offered by the company thereby
helping it to position itself as a leading neonatal care entity
in the health-care spectrum.
WellPoint currently carries a Zacks Rank #2 (Buy). Among other
healthcare companies that share the same Zacks Rank
) appear impressive.