Scott Fidel | Modern Healthcare | Stephens

Who We Are

What We Do

We provide investment banking, research, sales and trading, asset and wealth management, public finance, insurance, private capital, and family office services.

About Us

We are a family-owned financial services firm that values client relationships, long-term stability, and supporting the communities where we live and work.

The Stephens Story

The idea of family defines our culture, because each of us knows that our reputation is on the line as if our own name was on the door.

Leadership

Our reputation as a leading independent financial services firm is built on the stability of our longstanding and highly experienced senior executives.

Impact Initiatives

We are committed to corporate philanthropy; economic and financial literacy advocacy; and diversity, equity, and inclusion initiatives.

Our Brand Ambassadors

Stephens is proud to sponsor the PGA TOUR, LPGA Tour, and PGA TOUR Champions careers, as well as applaud the philanthropic endeavors, of our Brand Ambassadors.

Making Connections

We host many highly informative meetings each year with clients, industry decision makers, and thought leaders across the U.S. and in Europe.

Our Businesses

Capital Management

We provide fiduciary investment strategies to public-and private-sector institutional clients through asset allocation, consulting, and retirement services.

Fixed Income Sales & Trading

Decades of proven performance and experience in providing tailored fixed income trading and underwriting services to major municipal and corporate issuers.

Institutional Equities and Research

Proven industry-leading research, global market insights, and client-focused execution.

Insurance

Customized risk management, property & casualty, executive strategies and employee benefits solutions that protect our clients over the long term.

Investment Banking

We assist companies with accessing capital through innovative advisory and execution services that help firms achieve their strategic goals.

Private Capital

We have been a trusted and reliable source of capital for private companies for over 70 years.

Private Wealth Management

Our experienced Private Client Group professionals develop customized investment strategies to help clients achieve their financial goals.

Public Finance

We are a trusted municipal advisor with proven expertise in public financings. We also work with clients in negotiated and competitive municipal underwritings.

Back to News
Institutional Equities and Research

Home Health Companies Play Hardball Over Medicare Advantage Pay | Modern Healthcare

Mar 5, 2024

But angling for higher rates could become increasingly difficult for providers. UnitedHealthcare, Humana and Aetna have warned that higher Medicare Advantage costs could impact profitability this year as enrollment increases and they face a potential 0.16% cut to their base payment in 2025 from CMS.

“These companies really need to focus on their own costs which includes their contracting with providers,” said Scott Fidel, managing director at Stephens.


Humana would not discuss its rate negotiations with providers, but said in an email it works “closely and collaboratively with a wide range of home health agencies to arrive at mutually beneficial agreements to provide home-based care for Medicare Advantage members."

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Institutional Equities and Research

Why The Medicaid 'Unwinding' Dinged Insurer Finances

Institutional Equities and Research

Occupancy Fluctuations Seen Among PACS, Ensign as Sector Remains Flat | Skilled Nursing News

Public Finance

Northwest Arkansas National Airport Moves On Various Projects, Land Deals