HIP Health Plan of New York - Strategic Analysis Review by GlobalData


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									                       HIP Health Plan of New York - Strategic Analysis Review

       Reference Code: GDPH23475SA                                                                               Publication Date: AUG 2010

       55 Water Street                     Phone       +1 866 4479717                       Revenue           0.3 (million USD)
       New York, NY                        Fax                                              Net Profit        NA
       10019-7404                          Website     www.hipusa.com                       Employees         NA
       United States                       Exchange                                         Industry          Pharmaceuticals & Healthcare

      Company Overview
       HIP Health Plan of New York (HIP) is a privately held healthcare insurance company, providing HMO plans based on commercial
       membership. The company provides its services through more than 160 hospitals, including major acute care institutions, in New
       York, Connecticut and Massachusetts. HIP Health Plan holds a membership of approximately 1.3 million. The company offers its
       services in four divisions namely Integrative Wellness, Pharmacy services, Behavioural Health and Dental. The HIP Health Plan
       acquired ConnectiCare, Inc from Massachusetts, the US. The company affiliated with Group Health, Inc. under a common
       parent, EmblemHealth, Inc. HIP Health Plan is headquartered in New York, the US

      Key Executives                                      SWOT Analysis
               Name                        Title           HIP Health Plan of New York, SWOT Analysis
      Anthony L. Watson         Chairman                   Strengths                       Weaknesses

      Robert W. Brokaw          Director
                                                           Merger with GHI to Form Emblem            Limited Geographical Coverage
      David Cooper              Director                   Health
      Karen Davis               Director
                                                           Awards and Recognitions
      Gregory Floyd             Director
      Source: Company Website, Primary and Secondary
                                                           Opportunities                             Threats

      Key Competitors                                      Launch of Pilot Medical Home              Intense Competition
                                                           Network Project
      1199SEIU Benefit and Pension Funds                                                             Government Legislation
                                                           Pharmacy Contract to Medco
      American Medical Association
      Affinity Health Plan
                                                           Source: Company Website, Primary and Secondary Research
      Kaiser Foundation Health Plan, Inc.
      Source: C
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