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Analysts revise CVS stock targets after Aetna Medicare Advantage earnings plunge
TheStreet via Yahoo Finance· 3 days agoBarclays also lowered the firm's price target on CVS Health to $63 from $78 and kept an equal weight...
Aetna hit with $900M in surprise MA costs, CVS Health reports
Modern Healthcare· 4 days 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.
CVS Health chops 2024 forecast as cost struggles with Medicare Advantage persist
Associated Press· 4 days agoCVS Health missed first-quarter expectations and chopped its 2024 outlook more than a dollar below...
CVS Made a Big Bet on Medicare. It’s Looking Risky.
The Wall Street Journal· 4 days agoThe results will put pressure on CVS Chief Executive Karen Lynch, who...earnings downgrades since her first investor day in 2021. Lynch, who led Aetna...
CVS Stock Falls Most Since 2009 as Medicare Costs Shock Wall Street
Barrons.com· 4 days agoOn a call with investors, Lynch said that the company continues to believe that Medicare Advantage...
CVS buys Medicare Advantage brokerage
Modern Healthcare· 5 days agoHella Health debuted in 2020 and claims to offer more than 3,000 Medicare plans from insurers such as CVS Health subsidiary Aetna and Humana.
CVS slashes 2024 outlook — again — as Medicare seniors drive spending
Healthcare Dive via Yahoo Finance· 5 days agoRunaway inpatient spending in particular caused CVS’ insurance costs to snowball after returning “to...