Saint Thomas Health's accountable care organization MissionPoint Health Partners is expanding into employer contracts, according to Modern Healthcare.
The Nashville-based ACO already managed a number of Medicare Share Savings Programs and partnerships with insurers, such as BlueCross BlueShield of Tennessee.
"Now MissionPoint is marketing its network and care- and cost-management services to large employers in Evansville, Ind., Birmingham and Mobile in Alabama, and the FLorida cities of Pensacola and Jacksonville," Modern Healthcare reports.
St. Louis-based Ascension is also targeting employers through its acquisition of Michigan health plan U.S. Health and Life Insurance Co. in February.
Two longtime Healthways analysts on Friday cut their price targets for the population health management play after new and interim CEO Alfred Lumsdaine said 2015 profits will not meet expectations. But both Brooks O'Neil at Dougherty and Sean Wieland at Piper Jaffray are not telling investors to stop buying the company's shares, keeping Healthways at 'buy' and 'overweight' ratings, respectively. O'Neil's target for Healthways, which on Friday fell 20 percent to $12.40 (Ticker: HWAY), has come all the way down to $15 from $25. Wieland is staying more upbeat: His target now stands at $25.50, down from $27.
The skies are decidedly brighter for shareholders of Acadia Healthcare, which has climbed about 25 percent so far in 2015 after rising by about a third last year. Mizuho Securities analysts see even better days ahead and have launched coverage of the Franklin-based company with an 'outperform' rating at a price target of $84. Acadia (Ticker: ACHC) closed Friday trading at $76.47.
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