WellCare loses $53.4M in 2010

  • By Business Observer Staff
  • | 5:20 p.m. February 16, 2011
  • Tampa Bay-Lakeland
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TAMPA — WellCare Health Plans Inc. (symbol: WCG) posted a $53.4 million net loss against $5.4 billion in revenues in 2010. The firm's core business was profitable, but multiple settlement payments used to resolve legal issues took the company from black to red.

 

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