Kaiser Permanente sets up plan for cleaner bill of health

Article Abstract:

Kaiser Permanente, a nonprofit health maintenance organization with membership 8.6 million is planning to streamline its financial spending and wants to attract more customers for its managed care services. The decision to cut spending is made after incurring losses worth $554 mil during the last two years. The plan includes the sale of divisions and the stalling of investments worth $900 mil. The health provider's problems is also worsened by federal investigations on possible state law violations in New York.

Medical Care Insurance, Direct Health and Medical Insurance Carriers, Kaiser Permanente

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United rentals to announce $100M in acquisitions today

Article Abstract:

United Rentals, an equipment leasing company, is ready to reveal $100 million in acquisitions on February 17, 1999. The firm, with Chief Executive Officer Brad Jacobs, has acquired 97 smaller rivals in the last 18 months. With its aggressive consolidation of the $25 billion equipment leasing industry, the firm has transformed itself into an industry powerhouse with 435 locations in 39 states and annual revenue of $1.9 billion.

Rental and Leasing Services, Equipment Leasing & Rental

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