Accounting & Financial Management
However, health systems didn't fare as well, seeing operating margins drop for a third consecutive month in September.
The revenue is a year-over-year increase from Q3 2023, during which the insurer's revenue capped at about $25.4 billion.
Core concern of labor and supply inflation are growing at a faster rate than payment and workforce issues haven't gone away, CFO says.
Tiered networks, value-based formularies and direct contracting with providers were correlated with lower costs.
Hurricane Helene resulted in a $7M loss of revenue and response effort expenses.
Asabys Partners is looking to invest a funding round of $200 million that includes U.S. investors into early stage companies offering novel solutions, says Maite Malet, director of investments and corporate development.
Short-term disparity between rates and medical cost trend may have reached its widest point in Q3, CEO says.
Healthcare organizations lose up to $900,000 per day on downtime alone, data shows.
Risk-based contracts became a financial lifeline for a challenging payer mix in southern Oregon, says Chief Executive Chris Pizzi.
Medical cost trends continue to plague the company as CVS says investors should no longer rely on previous guidance.