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CVS Made a Big Bet on Medicare. It’s Looking Risky.
The Wall Street Journal· 9 hours agoLynch, who led Aetna before taking over as CEO, has invested heavily in the Medicare business. In addition to aggressively expanding enrollment in...
CVS’s stock suffers biggest drop in 15 years as Medicare Advantage issues weigh on results
Market Watch· 20 hours agoChief Executive Karen Lynch said on the post-earnings call with analysts that “it became apparent”...
CVS Stock Falls Most Since 2009 as Medicare Costs Shock Wall Street
Barrons.com· 14 hours agoBefore Wednesday’s selloff, CVS stock was down more than 14% so far this year, while Humana’s stock...
Aetna hit with $900M in surprise MA costs, CVS Health reports
Modern Healthcare· 17 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 Health chops 2024 forecast as cost struggles with Medicare Advantage persist - WTOP News
WTOP Washington· 18 hours agoShares of the health care giant plunged Wednesday morning after the company said it was still...
Earnings call: CVS Health faces challenges, revises 2024 EPS guidance By Investing.com
Investing.com· 9 hours ago(NYSE:CVS) reported mixed results in its Q1 2024 Earnings Conference Call, with President and CEO...
CVS Health chops 2024 forecast as cost struggles with Medicare Advantage persist
Seattle Times· 18 hours agoShares of the health care giant plunged Wednesday morning after the company said it was still...
Care N’ Care Medicare Advantage 2024 Review - NerdWallet
Nerdwallet· 3 days agoCare N' Care Medicare Advantage plans are available in Texas and get below-average star ratings from...
CVS acquires Medicare Advantage broker Hella Health
Healthcare Dive via Yahoo Finance· 21 hours agoDive Brief: CVS Health has acquired startup Medicare Advantage broker Hella Health, according to a LinkedIn post from Hella’s chief executive officer....
Why CVS Health Stock Plunged Today
Motley Fool via Yahoo Finance· 14 hours agoHowever, the main problem was in its healthcare benefits segment, where revenue rose 24.6% to $32.2 billion, but costs soared much faster due to...