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CVS Health 2024 Profits Eclipse $4.6 Billion
CVS slashes profit in 2024 as high medical costs hit Aetna
However, the healthcare giant beat Wall Street expectations in earnings and revenue in the fourth quarter, sending CVS stock soaring Wednesday.
CVS Health 2024 Profits Eclipse $4.6 Billion Despite Rising Costs
CVS Health reported $4.6 billion in 2024 profit including $1.6 billion in the fourth quarter as its health insurance business works to overcome rising medical expenses.
Updated: CVS Health’s Medical Benefit Ratio Increases But Company Sees Better Path for 2025
CVS Health’s total revenue for the full year 2024 increased 4.2% to $372.8 billion, but within the healthcare benefits segment, the company experienced higher utilization, an unfavorable impact of Medicare Advantage star ratings payment and higher levels of care in Medicaid.
Modern Healthcare
18h
CVS outlines Aetna's 2025 strategy to bolster financials
CVS Health plans to shed enrollment by more than 1 million members this year, mostly in Medicare Advantage and individual ...
5h
CVS Health Forecasts 10% Earnings Growth For 2025, Citing Aetna's 'Meaningful Recovery'
CVS Health Corp issued an optimistic guidance for 2025 stemming from the expected recovery in its insurance business — ...
19h
on MSN
CVS Health targets $5.75-$6 EPS for 2025 amid Aetna recovery efforts and cost optimizations
Q4 2024 Management View CEO David Joyner highlighted the company's Q4 adjusted EPS of $1.19 and adjusted operating income of $2.7 billion. He introduced 2025 adjusted EPS guidance of $5.75 to $6.00, ...
Fierce Healthcare
16h
CVS CEO Joyner mounts defense of PBM industry amid ongoing scrutiny
CVS Health reported $1.6 billion in profit for the fourth quarter, down from a $2 billion haul a year ago, according to its ...
13h
CVS soars after fourth-quarter profit signals improvement
CVS is trying to turn around its drugstore chain and insurance business. The company spent a smaller percentage of premium ...
16h
Aetna Medicare Supplement 2025 Review
Aetna Medicare Supplement insurance is designed for people who’ve enrolled in Original Medicare to help cover some gaps in ...
4h
Top Analysts Upgrade CVS Health Stock (CVS) after Upbeat Q4 Results
CVS Health (CVS) stock soared about 15% yesterday after posting upbeat fourth-quarter results, with revenues and earnings surpassing analysts’ ...
4h
CVS Health Corp (CVS) Q4 2024 Earnings Call Highlights: Strong Revenue Growth Amidst ...
CVS Health Corp (CVS) reports robust revenue growth and strategic advancements, while navigating financial pressures and ...
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