NASHVILLE, Tenn.--(BUSINESS WIRE)--HealthSpring (NYSE:HS), a leading Medicare Advantage plan, today announced that it has been ranked No. 71 by Fortune magazine’s list of the nation’s 100 fastest-growing companies. The rankings were judged by revenue and earnings-per-share growth and annualized total return, all over a three-year period.
“We’re delighted to be awarded this honor,” Chairman and Chief Executive Officer Herb Fritch said. “As we plan for the future, growth remains a priority, both through acquisitions and organic opportunities. This award serves as a testament to the success of our innovative model and our dedication to strategically expanding the business with the goal of creating shareholder value.”
Founded in 2000, HealthSpring is now the nation’s largest health plan focused exclusively on Medicare Advantage, serving over 1 million members. For 2012, HealthSpring received government approval from the Centers for Medicare & Medicaid Services to renew all its existing contracts and to offer Medicare Advantage plans to an additional 243,000 eligibles in Alabama, Tennessee and West Virginia.
Medicare beneficiaries can enroll in HealthSpring 2012 plans during the Medicare Annual Enrollment Period, which begins October 15, 2011, and ends December 7, 2011. For more information and full service areas, please visit www.healthspring.com.
About HealthSpring
HealthSpring is based in Nashville, Tennessee, and is one of the country’s largest Medicare Advantage coordinated care plans. HealthSpring currently owns and operates Medicare Advantage plans in Alabama, Delaware, Florida, Georgia, Illinois, Maryland, Mississippi, New Jersey, Pennsylvania, Tennessee, Texas and Washington, D.C. HealthSpring also offers a national stand-alone Medicare prescription drug plan. For more information, visit www.healthspring.com. Media information is available at HealthSpring’s press site: http://press.healthspring.com.