Managed Care Report

• Humana (Louisville, KY) has reached a definitive agreement with Memorial Hermann Healthcare System (MHHS) and Christus Health under which Humana will purchase the Memorial Sisters of Charity Health Network (Houston), a 131,000-member health plan, which includes about 2,500 Choice 65 Medicare+Choice plan members in the Corpus Christi area. MHHS and Christus are non-profit parent organizations of Memorial Sisters of Charity.

• Mid Atlantic Medical Services (MAMSI; Rockville, MD) reported a 3Q99 ended Sept. 30 net income of $7.1 million, 17 cents per share, compared to a 3Q98 net income of $4 million, 9 cents per share. Total revenues in 3Q99 were $335.3 million, compared to 3Q98 revenues of $299.5 million.