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PHP Companies, Inc. · Knoxville, TN United States

Company Description

1420 Centerpoint Blvd.
Knoxville, TN
37932
United States (Map)
Phone: 865-470-7470
Fax: 865-670-3033
Toll Free: 800-793-1495
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    PHP Companies, which does business as Cariten Healthcare, is caring for thousands of residents in eastern Tennessee. A managed care organization, Cariten provides group health plans, including HMO, PPO, and POS plans and Medicare Advantage plans for retirees. The firm provides its services on a fully-insured basis or as a third-party administration services for self-insured employers. Its Business Health Solutions unit provides managed workers' compensation care and vocational rehabilitation services. Covenant Health and Mountain State Health Alliance owned Cariten until it was acquired by Humana for $245 million in late 2008. To read the full description, subscribe now.

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    Key PHP Companies, Inc. Financials

    Company Type

    PHP Companies, Inc. Executives

    12 executives listed for PHP Companies, Inc.'s Knoxville, TN location.
    TitleName & BioContact
    President and CEOLance HunsingerNetwork
    COODouglas HaalandNetwork
    CFOJeff CollakeNetwork

    Competition

    Competitive Landscape for PHP Companies, Inc.
    Demand for health insurance products is driven by the rising costs of medical care. The profitability of individual companies depends on efficient operations and the ability to negotiate favorable contracts with healthcare providers. Large companies and organizations have advantages in negotiating contracts with healthcare providers. Small companies can compete successfully by providing special coverage plans as part of government programs such as Medicaid, or for specialized populations. The industry is highly automated and capital-intensive: annual revenue per employee is close to $1 million. Reforming the US healthcare industry continues to be a top agenda item in Washington, but a consensus on the best way to reduce healthcare spending has yet to be reached. The managed healthcare industry will most certainly be impacted by any changes initiated by federal legislators. To read the full description, subscribe now.
    Top PHP Companies, Inc. Competitors
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