Elevance Health, Medicaid
Elevance Health Stock: Looking Beyond Near-Term Issues, I'm A Buyer
Elevance Health's dependence on government plans is considerable, but even with very conservative growth expectations, ELV stock remains a good value. Read more here.
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 tumbled more than 20%.
Elevance Shares Dive After Insurer Faces ‘Unprecedented’ Medicaid Challenge
The company’s earnings missed expectations, the latest sign of how medical expenses are squeezing insurers’ government businesses.
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 outlook as changes in Medicaid slashed membership rolls.The insurer's third-quarter Medicaid membership dropped 19% from a year ago on eligibility redeterminations and other changes to the program.
Elevance Health’s stock slumps 13% 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 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, becoming the latest U.S. insurer to take a hit from high demand for healthcare services.
Elevance Health Stock Sinks as Medicaid Woes Hit Earnings
Elevance Health stock is plunging Thursday after the insurer missed Q3 earnings expectations and lowered its full-year outlook. Here's what you need to know.
Elevance Health's Q3 Earnings Miss Due to Medicaid Redeterminations
Elevance Health, Inc. ELV reported third-quarter 2024 adjusted earnings per share (EPS) of $8.37, which lagged the Zacks Consensus Estimate by 13.7%. The bottom line deteriorated 6.9% year over year.
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 ...
Modern Healthcare3d
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 ...
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 ...
Elevance Health: Buy Rating Affirmed Despite Q3 Earnings Miss, Driven by Strong Revenue Growth in Key Segments
Wells Fargo analyst Steve Baxter has maintained their bullish stance on ELV stock, giving a Buy rating yesterday. Steve Baxter has given his ...
Modern Healthcare3d
Elevance shares plummet as its Medicaid business struggles
The results show a worsening outlook for health insurers that for years have relied on government programs for growth.
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 ...
Inside Business 2024 Top Forty Under 40: Denzel Brock, Elevance Health
With Elevance Health for Good, Brock teams up with organizations that promote health and wellness in the 757. He’s also part ...