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CVS cuts annual profit forecast and flags challenges in 2025, shares fall 18%
Reuters via AOL· 2 days ago(Reuters) -CVS Health Corp slashed its annual profit forecast on Wednesday and flagged challenges...
CVS cuts 2024 profit forecast as insurance unit faces soaring medical costs
AOL· 2 days ago(Reuters) -CVS Health Corp slashed its annual profit forecast and missed Wall Street estimates for first-quarter earnings on Wednesday, as elevated demand for medical procedures fueled higher ...
CVS cuts 2024 profit forecast as soaring medical costs hit insurance unit
Reuters via Yahoo Finance· 2 days 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 ...
CVS cuts 2024 profit forecast as insurance unit faces soaring medical costs
Reuters· 2 days agoThe U.S. healthcare giant cut its per-share adjusted earnings forecast for 2024 to at least $7.00...
CVS Stock Falls Most Since 2009 as Medicare Costs Shock Wall Street
Barrons.com· 2 days agoOn a call with investors, Lynch said that the company continues to believe that Medicare Advantage...
CVS slashes 2024 outlook — again — as Medicare seniors drive spending
Healthcare Dive via Yahoo Finance· 2 days agoRunaway inpatient spending in particular caused CVS’ insurance costs to snowball after returning “to...
MultiPlan, insurance giants sued over out-of-network rates
Modern Healthcare· 3 days agoA rural health system sued technology company MultiPlan and eight of the country's largest insurance companies over alleged schemes to strongarm providers into accepting low ...
CVS plummets as rising medical costs hit profit forecast
Crain s Chicago Business· 14 hours agoHumana pulled its 2025 guidance last week as expenses and government reimbursement changes in the program clouded its outlook. While similar challenges prompted CVS to cut its 2024 guidance ...
State’s premature release of bid proposal info touches off new battle over $116 billion in Medicaid...
The Gilmer Mirror· 6 days agoTexas Tribune’s daily newsletter that keeps readers up to speed on the most essential Texas news. Aetna, which is set to win a multibillion Texas Medicaid contract, got a ...
CVS cuts 2024 profit forecast as insurance unit faces soaring medical costs
WSAU Wausau· 2 days ago(Reuters) -CVS Health Corp slashed its annual profit forecast and missed Wall Street estimates for...