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Why CVS Health Stock Plunged Today
Motley Fool via Yahoo Finance· 21 minutes agoThe Medicare Advantage changes were already known about prior to the earnings release, and several health insurance stocks fell weeks ago. However,...
Aetna hit with $900M in surprise MA costs, CVS Health reports
Modern Healthcare· 3 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 stock crashes after Aetna Medicare Advantage hit
TheStreet.com· 4 hours agoCVS echoed rivals in forecasting persistent increases in payouts tied to a surge in post-Covid medical care.
CVS Made a Big Bet on Medicare. It’s Looking Risky.
The Wall Street Journal· 2 hours agoLynch, who led Aetna before taking over as CEO, has invested heavily in theMedicare business. In addition to aggressively expanding enrollment in
CVS Health chops 2024 forecast as cost struggles with Medicare Advantage persist
San Francisco Chronicle· 35 minutes agoCVS Health missed first-quarter expectations and chopped its 2024 outlook more than a dollar below...
CVS Plummets as Rising Medical Costs Hit Profit Forecast
Bloomberg via Yahoo Finance· 1 hour ago(Bloomberg) -- CVS Health Corp. shares tumbled the most in nine years after the company cut its...
CVS Health Corp (CVS) Reports Q1 2024 Earnings: Misses Analyst Forecasts Amid Medicare Challenges
GuruFocus.com via Yahoo Finance· 5 hours agoThe Pharmacy & Consumer Wellness segment, however, saw a modest revenue increase of 2.9% and a...
CVS cuts annual profit forecast and flags challenges in 2025, shares fall 18%
Reuters via Yahoo Finance· 6 hours agoCVS said it anticipates the surge in medical procedures that fueled higher costs for its Aetna...
CVS Health Profits Tumble To $1.1 Billion On Higher Costs To Treat Seniors
Forbes· 12 hours agoMedicare plans the company sells. CVS, which owns the large health insurer Aetna, said seniors in...
CVS reports $1.1B income in Q1, cuts earnings guidance
Becker’s Hospital Review· 10 hours agoThis is the second time CVS has cut its earnings guidance this year based on rising medical cost trends, especially among the Medicare Advantage population ...
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