Category: Finance, Financial management, Payers, Business

Aetna underperforms, plans recovery as CVS Health logs $95.4B in revenue

CVS Health saw revenues climb 6.3% as compared to last year, posting $95.4 billion in revenue for the third quarter, even as its health benefits segment underperformed, due principally to high utilization.

Aetna President Brian Kane out as CVS Q2 results again show lower earnings outlook

In an earnings report released Wednesday, CVS Health dropped the news that Brian Kane, president of CVS subsidiary Aetna, will be departing the company, with CVS Health CEO Karen Lynch overseeing day-to-day operations of the health benefits segment alo…