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CVS cuts 2024 profit forecast as insurance unit faces soaring medical costs
Reuters· 9 hours agoThe U.S. healthcare giant cut its per-share adjusted earnings forecast for 2024 to at least $7.00...
Why CVS Health Stock Plunged Today
Motley Fool via Yahoo Finance· 4 hours agoThe Medicare Advantage changes were already known about prior to the earnings release, and several health insurance stocks fell weeks ago. However,...
Medicaid disclosure unfairly benefits Aetna, rival insurers say
Modern Healthcare· 2 days agoTexas gave two consultancies and a law firm a sneak peek into how managed care companies bid to run Texas’ $116 billion Medicaid program, which some insurers contend gave CVS Health's
Aramark Suit Over Aetna’s Health Claims Exempt From Arbitration
Bloomberg Law· 2 days agowill move forward in court after a federal judge rejected the insurer’s effort to have the case sent to arbitration. The contract between Aetna and Aramark includes a mandatory ...
CVS cuts 2024 profit forecast as insurance unit faces soaring medical costs
WSAU Wausau· 9 hours ago(Reuters) -CVS Health Corp slashed its annual profit forecast and missed Wall Street estimates for...
CVS Health chops 2024 forecast as cost struggles with Medicare Advantage persist - WTOP News
WTOP Washington· 8 hours agoCVS Health missed first-quarter expectations and chopped its 2024 outlook more than a dollar below...
CVS stock crashes after Aetna Medicare Advantage hit
TheStreet.com· 7 hours agoCVS echoed rivals in forecasting persistent increases in payouts tied to a surge in post-Covid medical care.
CVS slashes 2024 outlook — again — as Medicare seniors drive spending
Healthcare Dive· 12 hours agoCVS had a significantly worse first quarter than the healthcare giant — or Wall Street — expected, after its insurance arm failed to adequately prepare for seniors’ high use ...
CVS slashes 2024 outlook — again — as Medicare seniors drive spending
Healthcare Dive via Yahoo Finance· 12 hours agoRunaway inpatient spending in particular caused CVS’ insurance costs to snowball after returning “to...
CVS Plummets as Rising Medical Costs Hit Profit Forecast
Bloomberg via Yahoo Finance· 4 hours ago(Bloomberg) -- CVS Health Corp. shares tumbled the most in nine years after the company cut its...
