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CVS Health Profits Tumble To $1.1 Billion On Higher Costs To Treat Seniors

CVS Health reported first quarter profits were cut almost in half to $1.1 billion thanks to higher costs to treat Medicare patients.

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CVS Health (CVS) earnings Q1 2024

CVS and other insurers have seen medical costs spike as many Medicare Advantage patients return to hospitals to undergo procedures they delayed during Covid.

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CVS lowers 2024 guidance as it misses on profit, revenue in Q1

CVS lowers 2024 guidance as it misses on profit, revenue in Q1
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CVS reports $1.1B income in Q1, cuts earnings guidance

CVS reports $1.1B income in Q1, cuts earnings guidance
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CVS Health reports Q1 results, revises full-year 2024 guidance

CVS Health s total revenues increased to $88.4 billion in the first quarter, up 3.7% compared to the prior year period.

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