Latest news with #eHealth
TimesLIVE
9 hours ago
- Health
- TimesLIVE
Ambulances, electronic records will be key focus for KZN health department
The KwaZulu-Natal legislature supported the health department's plan to increase daily operational ambulances and improve hospital efficiency with eHealth despite a reduced budget for employee compensation and the recruitment of additional medical personnel. That came up on Tuesday when health MEC Nomagugu Simelane delivered the department's R56.2bn budget for the 2025/26 financial year at the provincial legislature in Pietermaritzburg. Last month the premier said he would advertise 20 posts to address the growing unemployment crisis among healthcare professionals after unemployed doctors staged a sit-in outside the KZN premier's office for several days. The protesters gathered to express frustrations over the delay in advertising doctors' posts in the province despite promises earlier this year by the national government to fill new positions. The department had no cuts on its baseline allocation, which was instead increased by 2.5%, for the first time in 19 years after losing more than R8bn in its baseline budget in the past six years. Simelane said this deficit had resulted in the department struggling to meet some healthcare demands, including filling critical posts in nursing, medicine, administrative, and allied health professions as well as hindering some of its infrastructure development including a backlog of 250 clinics and routine maintenance in other facilities. With the increased allocation, Simelane said, the department's priority was the long-standing issue of ambulance shortages. 'KZN's vast and difficult terrain, coupled with budget limitations, has meant that we have only been able to replace ageing ambulances, not expand our fleet as much as we would have liked to. We have been transparent about this reality,' said Simelane. She said that has put a strain on the Emergency Medical Services' (EMS) response times when evacuating the sick and injured, as well as transferring patients between facilities. She said the department is establishing a panel of licensed private EMS providers to complement its existing fleet and reduce response times. The panel will consist of the more than 300 licensed private ambulances that are already operating in the province. Simelane said they have allocated the R81m EMS budget to fund the procurement of 50 new ambulances and 10 35-seater planned patient transport buses and use part of it for outsourcing EMS services from the private sector 'This is a temporary measure for six months, while we fine-tune our procurement processes.' The department is further planning to procure a total of 200 vehicles — made up of general fleet, mobile clinics, and EMS response vehicles — this financial year. It will also introduce a roadside assistance programme to reduce turnaround times for minor repairs and maintenance, which will see the appointment of 12 artisan mechanics and the procurement of 11 vehicles to support district-level maintenance.
Yahoo
15 hours ago
- Business
- Yahoo
eHealth Announces CEO Succession
Derrick Duke Appointed Chief Executive Officer After Transition Period Fran Soistman to Retire, Remain on eHealth Board of Directors AUSTIN, Texas, July 29, 2025 /PRNewswire/ -- eHealth, Inc. (Nasdaq: EHTH), a leading private online health insurance marketplace (the "Company"), today announced that the Company's Board of Directors has appointed Derrick Duke as its next Chief Executive Officer. Duke will join eHealth on August 4th 2025, to begin the transition process before officially stepping into the CEO role and joining the Board of Directors on September 18th, 2025. He will succeed Fran Soistman, who, as previously announced, will retire from his role as CEO while continuing to serve on the Board. Soistman will remain with the Company as an executive advisor through December 31, 2025, to assist with the transition. Derrick Duke currently serves as CEO of Magellan Health, a leading national healthcare management organization and subsidiary of Centene Corporation (NYSE: CNC). Previously, he held senior leadership roles at Magellan, including the dual roles of Chief Operating and Chief Financial Officer where he led the finance organization, business transformation initiatives, and behavioral health clinical services. "We are thrilled to welcome Derrick Duke as eHealth's next CEO. He brings a rare combination of financial acumen, operational expertise, and deep knowledge of the healthcare and insurance landscape – exactly what's needed to lead eHealth into its next phase of profitable growth," said Beth Brooke, Chair of eHealth's Board of Directors. "At Magellan, Derrick's leadership during a key transitional period helped streamline operations, drive efficiency, and position the company for long-term growth. The Board is confident that under his seasoned leadership, eHealth will continue to innovate and deliver exceptional value to our customers, stockholders, and stakeholders alike." "I am honored to join eHealth at such a pivotal time in its journey. The company's proud legacy of helping millions of consumers navigate complex healthcare decisions is inspiring, and its modern, technology-driven approach to empowering consumers with the tools to make informed decisions resonates deeply with me. I'm excited to build on that foundation and work alongside eHealth's talented leadership team to drive even greater value to our customers," commented Derrick Duke. "Leading eHealth has been a privilege, and I am incredibly proud of what we have accomplished together. I want to thank our employees, partners, and customers for their trust and commitment. I am confident that under Derrick's leadership, eHealth will continue to grow and evolve as a leader in helping individuals, families, and businesses find the right health coverage for their needs," commented Fran Soistman. Beth Brooke continued, "On behalf of the entire eHealth Board and Company, I want to express our deepest gratitude to Fran for his outstanding leadership and contributions to eHealth. His vision and dedication have been instrumental in successfully transforming our business operations, evidenced in the Company's incredibly strong 2024 Annual Enrollment Period. The foundation that Fran has created in his transformational leadership will allow Derrick to take eHealth to even greater heights. Although Fran is retiring, we are thrilled that he will remain on our eHealth Board." About Derrick Duke Derrick Duke brings over 30 years of strategic leadership and financial expertise in the health insurance and managed care sectors. Most recently, he served as Chief Executive Officer at Magellan Health, a leading national healthcare management firm, where he led strategic growth and operational execution following a rapid rise through the C-suite – first as Chief Risk Officer in 2020, and then as Chief Operating and Financial Officer in early 2022. Before joining Magellan, Derrick spent nearly 16 years at HealthMarkets, one of the largest U.S. health insurance agencies, holding multiple senior roles including Chief Investment Officer, Chief Financial Officer, and Chief Operating Officer. He steered the company's finance, actuarial, IT, underwriting, compliance and customer service teams and helped lead the organization through its acquisition by UnitedHealth Group in 2019. Earlier in his career, Derrick was Executive Vice President and Chief Investment Officer at National Health Insurance (now part of Allstate Insurance), where he gained deep experience in investment strategy and insurer financial management. Derrick holds a bachelor's degree in finance from Hardin-Simmons University and an MBA from the University of Texas at Arlington. About eHealth, Inc. We're Matchmakers. For over 25 years, eHealth has helped millions of Americans find the healthcare coverage that fits their needs at a price they can afford. As a leading independent licensed insurance agency and advisor, eHealth offers access to over 180 health insurers, including national and regional companies. For more information, visit or follow us on LinkedIn, Facebook, Instagram, and X. Open positions can be found on our career page. Forward Looking Statements This press release contains certain forward-looking statements that are inherently subject to various risks and uncertainties that could cause actual results to differ materially from the statements made, including the date the incoming CEO is expected to join us as an employee, the expected date of the CEO transition, and our expectations regarding our business, industry and market trends, including market opportunity, consumer demand and our competitive advantage. The risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements include those described in eHealth's most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission and available on the investor relations page of eHealth's website at and on the Securities and Exchange Commission's website at All forward-looking statements in this press release are based on information available to eHealth as of the date hereof, and eHealth does not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made, except as required by law. Contact: MediaLara SaskenChief Communications Officerpr@ InvestorsKate Sidorovich, CFASenior Vice President, Investor Relations & Corporate Developmentinvestors@ View original content to download multimedia: SOURCE eHealth, Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
New York Times
19 hours ago
- Health
- New York Times
What to Know About Medical Insurance When Traveling Abroad
Travel insurance that covers the possibility of a hurricane may be a take-it-or-leave-it option for many people, but medical travel insurance is another story. In many cases, for Americans traveling abroad, it is — or should be — a must. Most U.S. health care plans do not insure you when you're traveling outside the country, making international travelers responsible for medical bills in the case of an emergency. A recent survey by the insurance agency eHealth found that 54 percent of respondents believed incorrectly that most health insurance plans help pay for care out of the country. After checking your plan to determine whether you are covered abroad, the following are considerations when purchasing travel medical insurance. There are two key benefits bundled in travel medical insurance policies. The first covers expenses such as emergency room treatments, hospitalization and medications. The second extends to medical evacuation to the nearest suitable medical facility or one in your home country. Angela Adto Tepper, a travel adviser with AZA Luxury Travel, based in Scarsdale, N.Y., counsels clients to look for plans with emergency coverage; evacuation and repatriation; pre-existing-condition waivers, if applicable; and a 24/7 assistance hotline. 'I always recommend travelers carry dedicated travel medical insurance, especially when heading to remote areas or places with less-developed health care,' Ms. Adto Tepper said. Want all of The Times? Subscribe.
Yahoo
6 days ago
- Business
- Yahoo
3 Russell 2000 Stocks We Steer Clear Of
Small-cap stocks in the Russell 2000 (^RUT) can be a goldmine for investors looking beyond the usual large-cap names. But with less stability and fewer resources than their bigger counterparts, these companies face steeper challenges in scaling their businesses. The high-risk, high-reward nature of the Russell 2000 makes stock selection critical, and we're here to guide you toward the right ones. That said, here are three Russell 2000 stocks to steer clear of and some alternatives to watch instead. eHealth (EHTH) Market Cap: $121 million Aiming to address a high-stakes and often confusing decision, eHealth (NASDAQ:EHTH) guides consumers through health insurance enrollment and related topics. Why Are We Wary of EHTH? Estimated Membership have declined by 1.8% annually over the last two years, suggesting it may need to revamp its features or user experience to stay competitive Estimated sales decline of 3.4% for the next 12 months implies a challenging demand environment Short cash runway increases the probability of a capital raise that dilutes existing shareholders eHealth's stock price of $4.03 implies a valuation ratio of 2.6x forward EV/EBITDA. If you're considering EHTH for your portfolio, see our FREE research report to learn more. Newmark (NMRK) Market Cap: $2.45 billion Founded in 1929, Newmark (NASDAQ:NMRK) provides commercial real estate services, including leasing advisory, global corporate services, investment sales and capital markets, property and facilities management, valuation and advisory, and consulting. Why Do We Steer Clear of NMRK? Muted 4.9% annual revenue growth over the last five years shows its demand lagged behind its consumer discretionary peers Cash-burning history makes us doubt the long-term viability of its business model ROIC of 3.1% reflects management's challenges in identifying attractive investment opportunities At $13.27 per share, Newmark trades at 9.3x forward P/E. To fully understand why you should be careful with NMRK, check out our full research report (it's free). Enact Holdings (ACT) Market Cap: $5.32 billion Playing a critical role in helping first-time homebuyers access the housing market, Enact Holdings (NASDAQ:ACT) provides private mortgage insurance that enables lenders to offer home loans with lower down payments while protecting against borrower defaults. Why Should You Sell ACT? Flat net premiums earned over the last four years suggest it must find different ways to grow during this cycle Day-to-day expenses have swelled relative to revenue over the last two years as its combined ratio increased by 16.7 percentage points Incremental sales over the last two years were less profitable as its 2.4% annual earnings per share growth lagged its revenue gains Enact Holdings is trading at $35.48 per share, or 1x forward P/B. Dive into our free research report to see why there are better opportunities than ACT. High-Quality Stocks for All Market Conditions Donald Trump's April 2024 "Liberation Day" tariffs sent markets into a tailspin, but stocks have since rebounded strongly, proving that knee-jerk reactions often create the best buying opportunities. The smart money is already positioning for the next leg up. Don't miss out on the recovery - check out our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today for free. Find your next big winner with StockStory today. Find your next big winner with StockStory today StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
6 days ago
- Business
- Yahoo
eHealth, Inc. to Hold Second Quarter 2025 Earnings Call on August 6 at 8:30 a.m. Eastern Time
AUSTIN, Texas, July 23, 2025 /PRNewswire/ -- eHealth, Inc. (Nasdaq: EHTH), a leading private online health insurance marketplace, today announced that the company plans to release second quarter 2025 financial results on August 6, 2025. The company will hold an earnings conference call beginning at 8:30 a.m. Eastern Time on August 6th to discuss these results. The call will be hosted by eHealth's chief executive officer, Fran Soistman, and eHealth's chief financial officer, John Dolan. Individuals interested in listening to the conference call may do so by dialing (800) 549-8228. The participant passcode is 61513. A live webcast of the earnings call will be available under "Events & Presentations" on the Investor Relations page of our website at The webcast replay will also be available on our investor relations website two hours following the conclusion of the call and will be archived for a period of one year. The company suggests participants for both the conference call and those listening via the web dial in or sign on at least 15 minutes in advance of the call. About eHealth, Inc. We're Matchmakers. For over 25 years, eHealth has helped millions of Americans find the healthcare coverage that fits their needs at a price they can afford. As a leading independent licensed insurance agency and advisor, eHealth offers access to over 180 health insurers, including national and regional companies. For more information, visit or follow us on LinkedIn, Facebook, Instagram, and X. Open positions can be found on our career page. Investor Relations Contact:Kate Sidorovich, CFASenior Vice President, Investor Relations & Corporate Developmentinvestors@ View original content to download multimedia: SOURCE eHealth, Inc. Fehler beim Abrufen der Daten Melden Sie sich an, um Ihr Portfolio aufzurufen. Fehler beim Abrufen der Daten
