Despite elevated medical costs, Elevance Health managed to perform more or less in line with expectations in the first quarter, bringing in $2.2 billion in profit, a slight decrease from the $2.25 billion in profit reported in Q1 2024.
Revenue was up y…
CVS Health’s profits took a dip year-over-year, with the company reporting $1.6 billion in profits in Q4 2024, down from the $2 billion it brought in at the end of 2023.
Profits for the full year hit $4.6 billion – a sizable hit from the $83 million in…
The vast majority of rural healthcare organizations have expressed optimism about their financial viability.
In a new Wipfli poll, 72% of respondents said they were “cautiously optimistic” and 24% saying they were “completely optimistic.”
Centene logged $283 million in profit during Q4 2024, marking a sizable increase from the insurer’s Q4 2023 profits of $45 million.
Revenue also increased slightly year-over-year (YOY), from $39.5 billion to $40.8 billion.
For the year, Centene pulled…
The Cigna Group saw profits take a hit in the fourth quarter, reaching $1.4 billion, while it struggled with elevated medical costs, officials said during an earnings call today.
Cigna’s profits for the year were $3.4 billion, a decrease from the $5.2 …
Once again, more nonprofit hospitals experienced credit downgrades than upgrades in 2024, though the difference between the two is not as great as it has been in previous years, according to a new analysis.
Elevance Health saw $418 million in profit during the fourth quarter, down 51% from the $856 million in profit it hauled in at the end of 2023, company officials said during an earnings call this morning.
Revenue was up year-over-year, hitting $45 bill…
UnitedHealth Group’s 2024 revenues hit $400.3 billion in 2024 – a 6% year-over-year increase – and full-year earnings from operations were $32.3 billion.
CEO Andrew Witty attributed much of this performance to a strong showing from pharmacy benefit ma…
Citing lower retail sales, Walgreens said it has lost $265 million in its first fiscal quarter, which ended November 30 – a sharp decline
U.S. nonprofit hospitals have made some meaningful strides over the past few months – enough for Fitch Ratings to revise its outlook from deteriorating to neutral, the rating agency said this week.
