Elevance Shares Dive After Insurer Faces ‘Unprecedented’ Medicaid Challenge
It was the latest sign of how medical expenses are squeezing insurers’ earnings, a result likely to punish shares across the ...
S&P 500 Gains and Losses Today: Health Insurers Slide as Elevance Cites Medicaid Declines
Key Takeaways The S&P 500 was essentially flat on Thursday, Oct. 17, closing less than 0.1% lower despite strong retail sales ...
The Herald Bulletin7h
Elevance makes late cut to 2024 forecast
Elevance Health surprised Wall Street with a rare, late-year guidance cut Thursday after a jump in Medicaid costs marred its ...
Modern Healthcare16h
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.
Elevance Health: A Bad Q3 Was Almost Inevitable Given Industry Headwinds
Elevance Health faces profitability issues, impacting its stock price. See more about ELV stock's cautious hold rating and ...
MT Newswires on MSN15h
Elevance Health Lowers Full-Year Earnings Outlook Following Mixed Third-Quarter Results
Elevance Health (ELV) slashed its full-year earnings outlook on Thursday as the health insurer's third-quarter revenue beat Wall Street estimates while bottom-line results missed expectations amid ...