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CVS acquires Medicare Advantage broker Hella Health
Healthcare Dive via Yahoo Finance· 2 days agoDive Brief: CVS Health has acquired startup Medicare Advantage broker Hella Health, according to a LinkedIn post from Hella’s chief executive officer....
CVS Stock Falls Most Since 2009 as Medicare Costs Shock Wall Street
Barrons.com· 2 days agoTo blame were soaring Medicare Advantage costs, which have similarly slammed its peers. Shares of...
CVS plummets as rising medical costs hit profit forecast
Crain s Chicago Business· 13 hours agoCompanies including Humana Inc. and UnitedHealth Group Inc. that sell Medicare Advantage plans — private versions of the US government health program for ...
UofL Health at odds with Medicare Advantage plans
WDRB 41 Louisville News· 6 days agoThousands of Medicare Advantage members in the Louisville area have been unable to access in-network care at Baptist Health for nearly four months. Now,...
Alignment Healthcare Surpasses Revenue Forecasts with Strong Q1 2024 Performance
GuruFocus.com via Yahoo Finance· 7 hours agoRevenue: Reported $628.6 million, a 43.1% increase year-over-year, surpassing the estimated $597.48 million. Net Loss: Recorded at $46.6 million, deeper than the estimated loss of $41.96 million ...
CVS’s stock suffers biggest drop in 15 years as Medicare Advantage issues weigh on results
Market Watch· 2 days agoChief Executive Karen Lynch said on the post-earnings call with analysts that “it became apparent”...
Earnings call: CVS Health faces challenges, revises 2024 EPS guidance By Investing.com
Investing.com· 1 day agoThe company announced a revision of its full-year 2024 guidance for adjusted EPS to at least $7,...
Medicare Advantage networks should adapt, City of Hope exec says
Modern Healthcare· 4 days agoCity of Hope will further extend its reach by teaming up with more academic medical centers and employers, fueled by a $33 million funding round for its startup AccessHope. Narrow Medicare ...
Aetna hit with $900M in surprise MA costs, CVS Health reports
Modern Healthcare· 2 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 via AOL· 2 days agoCVS Health missed first-quarter expectations and chopped its 2024 outlook more than a dollar below...