Big HealthSpring investor dives under 5% threshold

The folks at New Jersey money manager Lord Abbett appear to have decided to cash in their HealthSpring chips. Since the end of 2010, they have trimmed their stake in the local Medicare Advantage insurer by almost 580,000 shares and now own 4.2 percent of the company, down from 5.8 percent last fall. HealthSpring's stock (Ticker: HS) is up almost 40 percent year to date and has more than doubled in the past year, lifting its market cap well north of $2 billion.

Mar 10, 2011 12:02 PM

Big contract for MedSolutions

As part of a strategy to "unroll" programs in various U.S. regions, insurance firm Cigna has selected Franklin-based MedSolutions as its nationwide radiology benefits manager. The sizable contract — Cigna is one of the largest for-profit insurance companies in the country — extends the companies' 13-year relationship.

MedSolutions, led by CEO Curt Thorne, has been growing of late. The company secured a new $300 million investment at the end of 2010.

Mar 8, 2011 11:51 AM

Earnings wrap; LifePoint, HealthSpring

Hospital chain beats despite higher costs, insurer's shares set to pop after topping expectations by more than a dime
Feb 18, 2011 7:59 AM

Hospitals to fill $870M TennCare budget gap

Hospital Association will ask legislature to approve 'revenue assessment' for second year in a row
Feb 10, 2011 10:16 AM

Charged up

Checking in on three newsmakers from Nashville's health care elite
Jan 14, 2011 12:00 PM

HealthSpring appoints leaders from Bravo Health team

Rekart, Feuerman to handle HealthSpring's new East Region
Jan 11, 2011 12:20 PM

Sources: Lt. Gov.'s top aide heading to private sector

Ron Ramsey's chief of staff headed to executive position with health insurer
Dec 20, 2010 2:27 PM

Doctors settle insurance overbilling suit

Franklin company, Metro Schools to pay physicians, TMA
Dec 8, 2010 2:46 PM

Appeals court rebukes judges, reassigns TennCare case

Judges say 'situation combines serious management failures, fundamental misunderstandings'
Dec 2, 2010 9:59 AM

Making a market

Tennessee officials weigh the pros and cons of building their own health insurance exchange [From our print edition featured in Monday's City Paper]
Oct 31, 2010 10:01 PM