Elevance Health Exec Says Medicare Earnings Are Growing This Year; Company Is Making Money To Be Clear, It Is Not Losing Money In Medicare
Portfolio Pulse from Benzinga Newsdesk
Elevance Health's executive announced that the company's Medicare earnings are growing this year, and the company is making money, not losing it, in Medicare. This statement was made at a Goldman Sachs conference.
June 12, 2024 | 5:32 pm
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Elevance Health's executive announced that the company's Medicare earnings are growing this year, and the company is making money, not losing it, in Medicare. This positive update was shared at a Goldman Sachs conference.
The announcement of growing Medicare earnings and profitability is a positive indicator for Elevance Health's financial health. Investors are likely to respond favorably to this news, leading to a potential short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100