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CVS Stock Falls Most Since 2009 as Medicare Costs Shock Wall Street
Barrons.com· 4 hours agoTo blame were soaring Medicare Advantage costs, which have similarly slammed its peers. Shares of...
Aetna hit with $900M in surprise MA costs, CVS Health reports
Modern Healthcare· 7 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’s stock suffers biggest drop in 15 years as Medicare Advantage issues weigh on results
Market Watch· 10 hours agoChief Executive Karen Lynch said on the post-earnings call with analysts that “it became apparent”...
CVS Stock Is Dirt Cheap. That Doesn’t Make It a Buy.
Barrons.com· 32 minutes agoFEATURE Shares of CVS Health just went on sale. But like Valentine’s candy in March, just because something is cheap, that doesn’t make it a good buy....
CVS Health chops 2024 forecast as cost struggles with Medicare Advantage persist
KAMR Amarillo· 8 hours 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 - The Boston Globe
The Boston Globe· 24 minutes agoThe company also lowered its forecast for cash flow from operations by $1.5 billion to at least...
Why CVS Health Stock Plunged Today
Motley Fool via Yahoo Finance· 4 hours agoHowever, the main problem was in its healthcare benefits segment, where revenue rose 24.6% to $32.2 billion, but costs soared much faster due to...
CVS acquires Medicare Advantage broker Hella Health
Healthcare Dive via Yahoo Finance· 11 hours 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 plunges after earnings numbers one analyst 'did not even believe'
Yahoo Finance· 3 hours ago“Clearly as we look at our trends, at the market trends, we don’t think that the rates sufficiently...
CVS Health (CVS) Q1 2024 Earnings Call Transcript
Motley Fool via Yahoo Finance· 3 hours agoGood morning, everyone, and thanks for joining our call today. This morning, we announced first-quarter results that were burdened by utilization...
