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Aetna hit with $900M in surprise MA costs, CVS Health reports
Modern Healthcare· 8 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 cuts annual profit forecast and flags challenges in 2025, shares fall 18% By Reuters
Investing.com· 11 hours agoThe U.S. healthcare conglomerate said it now expects 2024 adjusted earnings of at least $7.00 per...
CVS Stock Falls Most Since 2009 as Medicare Costs Shock Wall Street
Barrons.com· 5 hours agoOn a call with investors, Lynch said that the company continues to believe that Medicare Advantage...
CVS stock crashes after Aetna Medicare Advantage hit
TheStreet via Yahoo Finance· 9 hours agoMedical-cost ratios are a key profitability metric that measures an insurer's payouts against the premiums it collects, for the industry's biggest...
Dignity Health, Aetna reach agreement on new contract
KSBY San Luis Obispo· 5 days agoDignity Health and Aetna have reportedly reached an agreement on a new contract. In early April,...
CVS Made a Big Bet on Medicare. It’s Looking Risky.
The Wall Street Journal· 7 hours agoShe added that the diversity of CVS’s businesses—which include its huge pharmacy benefit manager and its eponymous drugstores as well as Aetna—positioned...
CVS cuts 2024 profit forecast as soaring medical costs hit insurance unit
Reuters via Yahoo Finance· 11 hours agoThe U.S. healthcare giant cut its per-share adjusted earnings forecast for 2024 to at least $7.00 from at least $8.30, adding it anticipates the surge in medical procedures at its unit that ...
State’s premature release of bid proposal info touches off new battle over $116 billion in Medicaid...
Temple Daily Telegram· 1 day agoAetna, which is set to win a multibillion Texas Medicaid contract, got a peek at sensitive...
CVS Stock Is Dirt Cheap. That Doesn’t Make It a Buy.
Barrons.com· 1 hour agoFEATURE Shares of CVS Health just went on sale. But like Valentine’s candy in March, just because something is cheap, that doesn’t make it a good buy....
Why CVS Health Stock Plunged Today
Motley Fool via Yahoo Finance· 5 hours agoThe Medicare Advantage changes were already known about prior to the earnings release, and several health insurance stocks fell weeks ago. However,...
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