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Stockreport

Medicare Clinic Chain ChenMed's CEO Replaced by Previous Leader [BNN Bloomberg (Canada)]

Walmart Inc. (WMT)  More Company Research Source: BNN Bloomberg
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
Chen takes over for Steve Nelson, a former UnitedHealth Group executive who was named CEO of ChenMed in January. Nelson left the organization by “mutual agreement,” according to a ChenMed spokesperson. Nelson joined the firm in 2022. He previously served as president of ChenMed and CEO of its JenCare division. ChenMed is a fast-growing chain of health clinics focused on seniors in private Medicare Advantage health plans. Founded as a small family practice, it now has more than 100 locations in 15 states, according to its website. The company was in talks to sell a majority stake to Walmart Inc. last year, Bloomberg reported. But Walmart recently reversed course on its ambitious plans for health-care delivery. Clinics like ChenMed's typically get paid a percentage of their patient's insurance premiums and take on the financial risk for those patients' medical costs. That model, sometimes called value-based care, has driven growth of senior-focused chains including CVS Health's O [Read more]

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Stockreport

Medicare Clinic Chain ChenMed's CEO Replaced by Previous Leader [BNN Bloomberg (Canada)]

Walmart Inc.  (WMT) 
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
Chen takes over for Steve Nelson, a former UnitedHealth Group executive who was named CEO of ChenMed in January. Nelson left the organization by “mutual agreement,” according to a ChenMed spokesperson. Nelson joined the firm in 2022. He previously served as president of ChenMed and CEO of its JenCare division. ChenMed is a fast-growing chain of health clinics focused on seniors in private Medicare Advantage health plans. Founded as a small family practice, it now has more than 100 locations in 15 states, according to its website. The company was in talks to sell a majority stake to Walmart Inc. last year, Bloomberg reported. But Walmart recently reversed course on its ambitious plans for health-care delivery. Clinics like ChenMed's typically get paid a percentage of their patient's insurance premiums and take on the financial risk for those patients' medical costs. That model, sometimes called value-based care, has driven growth of senior-focused chains including CVS Health's O [Read more]

IMPACT SNAPSHOT
EVENT TIME:
WMT
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS