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Medicaid, Elevance Health
Elevance makes a late cut to its 2024 forecast after seeing trouble in Medicaid
Elevance Health surprised Wall Street with a rare, late-year guidance cut Thursday after a jump in Medicaid costs marred its third quarter.
Elevance Health slashes profit forecast on persistently high medical costs
By Bhanvi Satija and Sneha S K (Reuters) -Elevance Health slashed its full-year profit forecast on Thursday, hurt by increased medical costs in its government-backed plans, becoming the latest health insurer to feel the pinch of persistently high demand for healthcare services.
Elevance Health’s stock tumbles as profit dented by ‘unprecedented’ Medicaid challenges
We remain confident in the long-term earnings potential of our diverse businesses as we navigate a dynamic operating environment and unprecedented challenges in the Medicaid business,” Chief Executive Gail K.
10h
on MSN
Elevance Shares Dive After Insurer Faces ‘Unprecedented’ Medicaid Challenge
Elevance Health earnings fell short of Wall Street projections in the latest sign of how medical expenses are squeezing ...
14h
on MSN
My sisters want to hide $170,000 of our mother’s money from Medicaid by adding their names to her bank account. What should I do?
The probate attorney says I could ask the court to remove sister No. 3 as co-executor, since she has acted unethically and ...
STAT
7h
Ballooning Medicaid costs challenge health insurer Elevance
On Thursday, Elevance Health disclosed in its third quarter earnings release that its medical loss ratio — the amount of ...
ABC 17 News
3m
SCHOLAR Clinic offers eye care for Columbia students on Medicaid
Columbia Public Schools students who receive Medicaid are now able to have eye exams and optometry care through the SCHOLAR ...
Fierce Healthcare
15h
Medicaid drags Elevance Health as it misses on profit in Q3
Elevance Health fell short of Wall Street analysts' predictions, posting $1 billion in profit amid rising medical costs. | ...
11h
on MSN
Elevance Health Stock Plunges on Profit Hit From Fall in Medicaid Memberships
Elevance Health shares plunged Thursday after the insurer reported lower-than-expected earnings and cut its outlook as ...
Modern Healthcare
14h
Elevance shares plummet as its Medicaid business struggles
The results show a worsening outlook for health insurers that for years have relied on government programs for growth.
5h
on MSN
Manalapan couple accused of Medicaid fraud and evading taxes on $4.5 million
Eli Levy and Lauren Levy, both 43, are accused of cheating the government out of taxes on $4.5 million in business income.
1d
After Blue Cross, Tufts appeal $15B Medicaid contract, state agrees to reevaluate
Rhode Island officials have agreed to take a fresh look at the bids received for a five-year, $15.5 billion Medicaid contract ...
Arkansas Times
6h
Postpartum Medicaid in Arkansas, explained
New mothers in Arkansas fare worse than their counterparts elsewhere. We're also the only state that hasn't expanded Medicaid ...
12h
on MSN
Medicaid will cover Native American traditional healthcare in New Mexico
Native American traditional healthcare will now be covered by Medicaid in New Mexico. New Mexico was one of four states to ...
5h
on MSN
Medicaid ACOs have not yet improved care for kids with asthma, study says
In its first three years of operation, Medicaid's primary care-focused Accountable Care Organizations (ACOs) in Massachusetts ...
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