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Aetna hit with $900M in surprise MA costs, CVS Health reports
Modern Healthcare· 23 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 Made a Big Bet on Medicare. It’s Looking Risky.
The Wall Street Journal· 16 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...
Dignity Health, Aetna reach agreement on new contract
KSBY San Luis Obispo· 6 days agoDignity Health and Aetna have reportedly reached an agreement on a new contract. In early April,...
CVS cuts annual profit forecast and flags challenges in 2025, shares fall 18% By Reuters
Investing.com· 1 day agoThe U.S. healthcare conglomerate said it now expects 2024 adjusted earnings of at least $7.00 per...
State’s premature release of bid proposal info touches off new battle over $116 billion in Medicaid...
Temple Daily Telegram· 2 days agoAetna, which is set to win a multibillion Texas Medicaid contract, got a peek at sensitive...
CVS stock crashes after Aetna Medicare Advantage hit
TheStreet via Yahoo Finance· 1 day agoMedical-cost ratios are a key profitability metric that measures an insurer's payouts against the premiums it collects, for the industry's biggest...
UPDATE 1-Cigna sees strong annual profit on lower costs, pharmacy benefit strength
Reuters via Yahoo Finance· 2 hours agoHealth insurer Cigna Group raised its annual profit forecast on Thursday, as lower-than-expected medical costs and strength in its pharmacy benefit management unit helped ...
CVS Stock Falls Most Since 2009 as Medicare Costs Shock Wall Street
Barrons.com· 21 hours agoOn a call with investors, Lynch said that the company continues to believe that Medicare Advantage...
CVS cuts 2024 profit forecast as soaring medical costs hit insurance unit
Reuters via Yahoo Finance· 1 day 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 ...
Decoding CVS Health Corp (CVS): A Strategic SWOT Insight
GuruFocus.com via Yahoo Finance· 8 hours agoDemographic Trends: An aging population and increasing healthcare needs present opportunities for...