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CVS Health Corp (CVS) Reports Q1 2024 Earnings: Misses Analyst Forecasts Amid Medicare Challenges
GuruFocus.com via Yahoo Finance· 5 days agoCompany Overview CVS Health operates a comprehensive healthcare services platform, managing...and is...
CVS buys Medicare Advantage brokerage
Modern Healthcare· 6 days agoHella Health debuted in 2020 and claims to offer more than 3,000 Medicare plans from insurers such as CVS Health subsidiary Aetna and Humana.
CVS Made a Big Bet on Medicare. It’s Looking Risky.
The Wall Street Journal· 5 days agoThe company’s Medicare business, hit by higher medical costs, pushed down CVS’s first-quarter earnings.
CVS cuts 2024 profit forecast as insurance unit faces soaring medical costs
AOL· 5 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 plummets as rising medical costs hit profit forecast
Crain s Chicago Business· 4 days agoCompanies including Humana Inc. and UnitedHealth Group Inc. that sell Medicare Advantage plans — private versions of the US government health program for seniors — have warned ...
Why CVS Health Stock Plunged Today
Motley Fool via Yahoo Finance· 5 days agoCVS also trimmed its revenue guidance, but the market's focus was on its lower profits and bottom-line weakness. The Medicare Advantage changes were...
Cigna Medicare Advantage sale advances as company raises outlook
Modern Healthcare· 4 days agoCigna Group has taken a big step forward to exit the Medicare Advantage business, a strategy that may pay off given industry headwinds. The Justice Department has completed ...
Alignment Healthcare Posts Loss Even As Medicare Advantage Enrollment Soars
Forbes· 5 days agoAlignment Healthcare Thursday reported a net loss in its first quarter of $46.5 million as the...
CVS cuts 2024 profit forecast as soaring medical costs hit insurance unit
Reuters via Yahoo Finance· 5 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 ...
Q1 2024 CVS Health Corp Earnings Call
Thomson Reuters StreetEvents via Yahoo Finance· 5 days agoWe are committed to improving margins. Despite the recent challenges in Medicare Advantage, we firmly believe the program can remain a compelling offering for seniors and ...