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Elevance Health sees higher revenue, lower profits in Q4

Elevance Health saw revenues climb more than 9% during the fourth quarter of 2022, hitting $39.9 billion, up from $36 billion in Q4 2021. But profit was down 16.5% year-over-year, declining from $1.1 billion last year to $949 million in 2022. Operating revenue was $39.7 billion in the fourth quarter of 2022, an increase of $3.6 billion, or 10.1% year-over-year. Operating ....

United States , Jasmin Merdan Getty , Gail Boudreaux , Centers For Medicare , Vivida Health , Elevance Health , Medicaid Services , Medicare Advantage , Affordable Care Act , Blue Cross Shield , Anthem Blue Cross Shield ,