Disclaimer: Some of what I will write here will likely raise strong disagreements with some of you. I am completely fine if you disagree with this piece, particularly since it is not my field of expertise, and I likely made some unintentional errors in writing this. I grew up reading alternative literature which included every… Read More »
Dive Brief: Despite the coronavirus pandemic, UnitedHealth Group posted revenue and profit growth in the first quarter, driven by strong growth in insurance products for seniors and its health services segment. The Minnetonka, Minn.-based health management behemoth handily beat Wall Street expectations for earnings and revenue, bringing in $ 70.2 billion in the first quarter, up… Read More »
Dive Brief: The Mayo Clinic saw a nearly 6.1% drop in revenue during the second quarter ending June 30, with much of that decline attributed to the COVID-19 pandemic. Revenue at the Midwest division, where it is headquartered, was down more than 10%. While the Rochester, Minnesota-based nonprofit did post a $ 154 million operating profit… Read More »
Dive Brief: CVS Health slightly topped Wall Street expectations for the fourth quarter of 2019 on both earnings and revenue, which clocked in at $ 66.9 billion, up almost 23% year over year. The Aetna integration, along with higher volume in both the pharmacy benefit management business Caremark and the retail segment, drove revenue growth… Read More »
FILE PHOTO: A Walgreens pharmacy store sign is photographed in Austin, TX, U.S., March 26, 2018. REUTERS/Mohammad Khursheed/File Photo (Reuters) – Drugstore chain Walgreens Boots Alliance Inc (WBA.O) posted a quarterly profit that missed expectations on Wednesday, hurt by lower payments from insurers on drugs sold, sending shares down nearly 4% before the bell. Sluggish… Read More »