The Healthcare Economy

The Healthcare Economy

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The Healthcare Economy
The Healthcare Economy
CVS Q1 of 2024 Earnings

CVS Q1 of 2024 Earnings

Medicare Advantage or Medicare Dis-Advantage?

Jeff DelVerne's avatar
Jeff DelVerne
May 05, 2024
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The Healthcare Economy
The Healthcare Economy
CVS Q1 of 2024 Earnings
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CVS reported earnings on Tuesday morning before the market opened and it was not a pretty sight. They guided down as they have really leaned into the Medicare Advantage space over the past 18 months through acquisition and bid pricing. Revenues grew 3 billion to over 88 billion (3% quarter over quarter) but net income was cut in half from 2.14 billion t…

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