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Life Health > Health Insurance

Sierra Reports Higher 2nd Quarter Net Income

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NU Online News Service, July 24, 2003, 4:22 p.m. EDT – Sierra Health Services Inc., Las Vegas, is reporting $20 million in net income for the second quarter on $370 million in revenue, up from $11 million in net income on $317 million in revenue for the second quarter of 2002.

The company ended the quarter providing or administering medical insurance for 1.2 million people, about as many people as it covered a year earlier.

Average revenue per insured commercial health maintenance organization member and managed indemnity member increased 14%, to $1,690.


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