Free Report: Securing Your Enterprise in the Cloud
Welcome Guest | Sign In
TechNewsWorld.com
Performance Matters: 9 Key Consumer Insights

E-Commerce Stock Watch: Big Day For HealthAxis.com

By Andy Wang E-Commerce Times ECT News Network
May 14, 1999 12:00 AM PT

Shares of insurance compay Provident American Corporation (Nasdaq: PAMC) climbed 2-3/8 to 38-5/8 on Thursday after its subsidiary HealthAxis.com made two big announcements.

HealthAxis.com, which sells health insurance online, first announced that it had completed a private placment to raise $6.2 million in capital, with investments by global asset management firm Tudor Investment Corp. and national health benefits company First Health (Nasdaq: FHCC).

Then HealthAxis.com and First Health announced a strategic alliance to make First Health the primary independent managed care network partner for HealthAxis.com's portfolio of health insurance carriers. Shares of First Health climbed ¼ to 17-3/8.


SAY NO TO DIMENSIONAL WEIGHT PRICING AND
PAY LESS TO SHIP LIGHTWEIGHT PACKAGES
Facebook Twitter LinkedIn Google+ RSS
Does technology create more jobs than it destroys?
Yes - The jobs new technologies create outnumber those lost due to machines replacing humans.
No- Companies fixated on cost-cutting are building workforces of robots and computers instead of people.
Performance Matters: 9 Key Consumer Insights
PENN STATE ONLINE Information Technology Degrees and Certificates