Search results
CVS Made a Big Bet on Medicare. It’s Looking Risky.
The Wall Street Journal· 22 hours agoAetna and CVS Health over time.” She added that the diversity of CVS’s businesses—which include its huge pharmacy benefit manager and its eponymous...
Aetna hit with $900M in surprise MA costs, CVS Health reports
Modern Healthcare· 1 day agoAetna is eyeing 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.
Dignity Health, Aetna reach agreement on new contract
KSBY San Luis Obispo· 6 days agoDignity Health and Aetna have reportedly reached an agreement on a new contract. In early April,...
CVS stock crashes after Aetna Medicare Advantage hit
TheStreet via Yahoo Finance· 1 day agoMedical-cost ratios are a key profitability metric that measures an insurer's payouts against the premiums it collects, for the industry's biggest...
Cigna Medicare Advantage sale advances as company raises outlook
Modern Healthcare· 3 hours 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 its review of Cigna ...
CVS plummets as rising medical costs hit profit forecast
Crain s Chicago Business· 3 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 ...
Aramark Suit Over Aetna’s Health Claims Exempt From Arbitration
Bloomberg Law· 3 days agowill move forward in court after a federal judge rejected the insurer’s effort to have the case sent to arbitration. The contract between Aetna and Aramark includes a mandatory ...
CVS cuts 2024 profit forecast as insurance unit faces soaring medical costs
AOL· 1 day 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 ...
State’s premature release of bid proposal info touches off new battle over $116 billion in Medicaid...
Temple Daily Telegram· 2 days agoAetna, which is set to win a multibillion Texas Medicaid contract, got a peek at sensitive...
CVS cuts 2024 profit forecast as soaring medical costs hit insurance unit
Reuters via Yahoo Finance· 1 day 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 ...
