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CVS Stock Discovers a Medicare Disadvantage
Barrons.com· 1 day agoShares in the drug chain and health insurer lost 19% after missing earnings and slashing guidance. The culprit: Costs for its Medicare Advantage plans.
CVS acquires Medicare Advantage broker Hella Health
Healthcare Dive via Yahoo Finance· 4 days agoDive Brief: CVS Health has acquired startup Medicare Advantage broker Hella Health, according to a LinkedIn post from Hella’s chief executive officer....
CVS Health chops 2024 forecast as cost struggles with Medicare Advantage persist
NBC 10 Providence· 4 days agoShares of the health care giant plunged Wednesday after the company said it was still struggling...
CVS’s stock suffers biggest drop in 15 years as Medicare Advantage issues weigh on results
Market Watch· 4 days agoChief Executive Karen Lynch said on the post-earnings call with analysts that “it became apparent”...
Analysts revise CVS stock targets after Aetna Medicare Advantage earnings plunge
TheStreet.com· 2 days agoHealth shares. "We have a track record of successfully navigating complex industry pressure, and we’ll continue to demonstrate our resilience," the president and CEO of CVS Health told analysts ...
Medicare Advantage networks should adapt, City of Hope exec says
Modern Healthcare· 6 days agoCity of Hope will further extend its reach by teaming up with more academic medical centers and employers, fueled by a $33 million funding round for its startup AccessHope. Narrow Medicare ...
Cigna Medicare Advantage sale advances as company raises outlook
Modern Healthcare· 3 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 ...
Analysts revise CVS stock targets after Aetna Medicare Advantage earnings plunge
TheStreet via Yahoo Finance· 2 days agoCVS Health, which missed Wall Street's first-quarter earnings expectations on May 1, slashed its...
Alignment Healthcare Posts Loss Even As Medicare Advantage Enrollment Soars
Forbes· 3 days agoAlignment Healthcare Thursday reported a net loss in its first quarter of $46.5 million as the...
CVS Stock Falls Most Since 2009 as Medicare Costs Shock Wall Street
Barrons.com· 3 days agoTo blame were soaring Medicare Advantage costs, which have similarly slammed its peers. Shares of...