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CVS Made a Big Bet on Medicare. It’s Looking Risky.
The Wall Street Journal· 11 hours agoLynch, who led Aetna before taking over as CEO, has invested heavily in the Medicare business. In addition to aggressively expanding enrollment in...
UofL Health at odds with Medicare Advantage plans
WDRB 41 Louisville News· 6 days agoThousands of Medicare Advantage members in the Louisville area have been unable to access in-network care at Baptist Health for nearly four months. Now,...
CVS’s stock suffers biggest drop in 15 years as Medicare Advantage issues weigh on results
Market Watch· 21 hours agoChief Executive Karen Lynch said on the post-earnings call with analysts that “it became apparent”...
Care N’ Care Medicare Advantage 2024 Review - NerdWallet
Nerdwallet· 3 days agoCare N' Care Medicare Advantage plans are available in Texas and get below-average star ratings from...
Aetna hit with $900M in surprise MA costs, CVS Health reports
Modern Healthcare· 18 hours agoAetna is eying benefit cuts and other measures to lift Medicare Advantage profit margins from -3% to at least 4% over the next few years, CVS Health executives said.
CVS Stock Falls Most Since 2009 as Medicare Costs Shock Wall Street
Barrons.com· 15 hours agoBefore Wednesday’s selloff, CVS stock was down more than 14% so far this year, while Humana’s stock...
CVS Health chops 2024 forecast as cost struggles with Medicare Advantage persist - WTOP News
WTOP Washington· 20 hours agoShares of the health care giant plunged Wednesday morning after the company said it was still...
Why CVS Health Stock Plunged Today
Motley Fool via Yahoo Finance· 15 hours agoHowever, the main problem was in its healthcare benefits segment, where revenue rose 24.6% to $32.2 billion, but costs soared much faster due to...
Earnings call: CVS Health faces challenges, revises 2024 EPS guidance By Investing.com
Investing.com· 10 hours agoThe company announced a revision of its full-year 2024 guidance for adjusted EPS to at least $7,...
CVS plummets as rising medical costs hit profit forecast - The Boston Globe
The Boston Globe· 12 hours agoThe company also lowered its forecast for cash flow from operations by $1.5 billion to at least...
