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Elevance Health’s stock tumbles
Elevance’s Results Spark Managed-Care Selloff. Outlook Sours for Health Insurers.
Shares of Elevance Health were trading sharply lower after a guidance cut prompted by snags in the Medicaid business overshadowed a quarterly revenue beat at the health insurance provider.Elevance Health stock fell 17% to $414.
Elevance Health’s stock tumbles as profit dented by ‘unprecedented’ Medicaid challenges
We remain confident in the long-term earnings potential of our diverse businesses as we navigate a dynamic operating environment and unprecedented challenges in the Medicaid business,” Chief Executive Gail K.
Elevance Health cuts annual profit forecast on persistently higher medical costs
Elevance Health cut its full-year profit forecast on Thursday, as it expects to pay out more in claims due to robust demand for medical care from members in its government-backed plans, sending its shares down 6% in premarket trading.
10h
Elevance Health Will Add To Carelon Portfolio With Carebridge Acquisition
Elevance Health has purchased Carebridge, a manager of "home and community-based services," the health insurer disclosed ...
19h
on MSN
Elevance makes a late cut to its 2024 forecast after seeing trouble in Medicaid
Elevance Health surprised Wall Street with a rare, late-year guidance cut Thursday after a jump in Medicaid costs marred its ...
19h
on MSN
Elevance Health Stock Plunges on Profit Hit From Fall in Medicaid Memberships
Key Takeaways Elevance Health shares plunged Thursday after the insurer reported lower-than-expected earnings and cut its ...
20h
Elevance Health slashes profit forecast on persistently high medical costs
Elevance Health cut its annual profit expectation on Thursday due to increased medical costs in its government-backed plans, ...
23h
Elevance Health Latest Insurer Battered By Higher Medical Costs
Elevance Health is the latest health insurance company to report higher-than-expected medical costs as third quarter profits ...
Modern Healthcare
18h
Elevance joins chorus protesting new MA star ratings
Elevance Health is "considering all of our options” to dispute the latest round of Medicare Advantage star ratings, President ...
1d
Elevance Tumbles On Forecast Cut, Third-Quarter Earnings Miss
Elevance Health Inc. shares sank in early trading after the insurer cut its outlook for the year and reported third-quarter ...
Crain's New York
55m
Insurance companies may seek pay increases amid Medicaid, Medicare woes
UnitedHealth and Elevance saw double-digit decreases in their stocks this week after they reported worse-than-expected ...
MarketWatch
13h
Elevance Health Inc. stock underperforms Thursday when compared to competitors
Shares of
Elevance
Health Inc. ELV plunged 10.59% to $444.35 Thursday, on what proved to be an all-around mixed trading ...
15h
Elevance Health: A Bad Q3 Was Almost Inevitable Given Industry Headwinds
Elevance Health faces profitability issues, impacting its stock price. See more about ELV stock's cautious hold rating and ...
The Herald Bulletin
13h
Elevance makes late cut to 2024 forecast
Elevance Health surprised Wall Street with a rare, late-year guidance cut Thursday after a jump in Medicaid costs marred its ...
14h
on MSN
These Stocks Are Moving the Most Today: TSMC, Nvidia, Travelers, Elevance, Lucid, Blackstone, Expedia, Netflix, and More
Taiwan Semiconductor reports a third-quarter earnings surge of 54%, Nvidia stock is on track for a record close, Travelers ...
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