Cigna CFO Says Co Expects That It Will Continue To See Elevated Inpatient Activity Throughout The Entire 2024 Calendar Year; "Outpatient Dynamic" Was Impacted By Change Healthcare Hack's Disruption Of Claims In Q1
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Cigna's CFO announced that the company expects elevated inpatient activity throughout 2024. The outpatient dynamic was impacted by a Change Healthcare hack that disrupted claims in Q1.
June 11, 2024 | 2:10 pm
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Cigna expects elevated inpatient activity throughout 2024, which could lead to higher costs. The outpatient services were disrupted in Q1 due to a Change Healthcare hack.
The expectation of elevated inpatient activity suggests higher costs for Cigna, which could negatively impact earnings. Additionally, the disruption in outpatient services due to a hack could affect revenue and operational efficiency.
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