State HMOs post $230 million in profits in 2011

A study by an independent Twin Cities health care analyst released Friday says Minnesota's health management organizations posted strong profits in 2011. Allan Baumgarten's report says the state's HMOs reported a net income of $230.4 million last year on nearly $7 billion in revenue, despite a one-time earnings cap.
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A study by an independent Twin Cities health care analyst released Friday says Minnesota's health management organizations posted strong profits in 2011. Allan Baumgarten's report says the state's HMOs reported a net income of $230.4 million last year on nearly $7 billion in revenue, despite a one-time earnings cap.

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