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WellPoint Keeps Ahead in Tough Health Industry
This special report contains the results of a project where the editorial staff of the Business Journal set out to choose the “Best Companies” in the greater San Fernando Valley in 14 different categories.
Troubles abound for many of the smaller players in the managed health care industry as well as some of the larger ones as they struggle to tighten expenditures in a sector battling escalating costs.
Yet, Thousand Oaks-based WellPoint Health Networks Inc. continues to break the mold when it comes to offering innovative and inexpensive health products for its customers while, year over year, boosting its bottom line.
As a result, WellPoint has earned some of the highest accolades from its peers in the industry and those that monitor it.
WellPoint is also the winner of the Business Journal’s Best Employer award. Its list of other honors is long. WellPoint, parent company of Blue Cross of California and the nation’s second-largest publicly traded health care organization, has been named the most admired health care company in the country by Fortune Magazine for five years running.
Wellpoint appeared on Forbes’ Platinum List in 2002 and, most recently, made the No. 2 spot on BusinessWeek Magazine’s list of the Top 50 performing public companies on the S
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