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Aetna hit with $900M in surprise MA costs, CVS Health reports
Modern Healthcare· 12 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 Made a Big Bet on Medicare. It’s Looking Risky.
The Wall Street Journal· 5 hours agoShe added that the diversity of CVS’s businesses—which include its huge pharmacy benefit manager and its eponymous drugstores as well as Aetna—positioned...
CVS stock crashes after Aetna Medicare Advantage hit
TheStreet via Yahoo Finance· 13 hours agoHealth-care-benefits revenue was up 20% to $32.24 billion. Longer-term concerns for the group's profit margins were also tied to last...for costs and...
CVS Stock Falls Most Since 2009 as Medicare Costs Shock Wall Street
Barrons.com· 10 hours agoOn a call with investors, Lynch said that the company continues to believe that Medicare Advantage...
Why CVS Health Stock Plunged Today
Motley Fool via Yahoo Finance· 9 hours agoWe are confident we have a pathway to address our near-term Medicare... changes were already known about prior to the earnings release, and several ...
CVS Health Corp (CVS) Reports Q1 2024 Earnings: Misses Analyst Forecasts Amid Medicare Challenges
GuruFocus.com via Yahoo Finance· 14 hours agoCompany Overview CVS Health operates a comprehensive healthcare services platform, managing over...
CVS Health chops 2024 forecast as cost struggles with Medicare Advantage persist
WKRN Nashville· 13 hours agoCVS Health missed first-quarter expectations and chopped its 2024 outlook more than a dollar below...
CVS cuts annual profit forecast and flags challenges in 2025, shares fall 18%
Reuters via Yahoo Finance· 15 hours agoCVS said it anticipates the surge in medical procedures that fueled higher costs for its Aetna ...
State’s premature release of bid proposal info touches off new battle over $116 billion in Medicaid...
Temple Daily Telegram· 1 day agoThe agency confirmed the error in emails it sent to Aetna and others earlier this year, according to...
CVS cuts 2024 profit forecast as insurance unit faces soaring medical costs
Reuters· 15 hours agoThe U.S. healthcare giant cut its per-share adjusted earnings forecast for 2024 to at least $7.00...
