Share to Twitter Share to Linkedin Alignment Healthcare reported an $11.5 million loss in its second quarter as the startup provider of privatized Medicare Advantage coverage continues to grow. Alignment’s loss of $11.58 million, or 6 cents a share, compared to $44.7 million, or 25 cents in the year-ago period. Meanwhile, total revenue was up nearly 19% to $366.5 million in the second quarter ended June 30 compared to $308.9 million a year ago as the company continues to grow in the competitive business of providing health benefits to U.S. seniors. “Alignment Healthcare’s strong performance in the second quarter showcases the replicability of our model and resulted in one of our best quarters since taking the company public,” Alignment Healthcare founder and chief executive John Kao said. “The quarter marks our lowest medical benefits ratio since the IPO, where we once again beat guidance on four key performance indicators: membership, revenue, adjusted … [Read more...] about Alignment Healthcare Losses Narrow As Medicare Advantage Enrollment Rises
Tesla earnings report
Cigna’s Evernorth And Health Plan Growth Push Profits To $1.6 Billion
Share to Twitter Share to Linkedin Cigna Thursday reported nearly $1.6 billion in quarterly profits thanks to rising health plan membership and continued growth of the company’s Evernorth health services business. Net income rose 6% to $1.56 billion, or $4.90 per share, in the second quarter compared with $1.46 billion, or $4.25 per share, for second quarter of last year, the company’s earnings report said . Revenues, meanwhile, rose 5% to $45.5 billion compared to $43.1 billion in the year-ago period. Cigna’s profits and growing customer base contributed to the company’s decision to raise its financial outlook for the rest of 2022 yet again. Cigna now says full year 2022 consolidated adjusted income from operations “is projected to be at least $7.165 billion, or at least $22.90 per share,” which is 30 cents more than an earlier projection, the company disclosed Thursday. “Our focus on our customers, patients and clients continues to resonate in … [Read more...] about Cigna’s Evernorth And Health Plan Growth Push Profits To $1.6 Billion
CVS Health Will Return Aetna To Obamacare Market
Share to Twitter Share to Linkedin CVS Health said it will re-enter the business of selling individual coverage under the Affordable Care Act for 2022. Citing better market conditions, CVS chief executive Karen Lynch said Tuesday during the company’s fourth quarter earnings call that the ACA business has improved and will be an important part of the company’s strategy. CVS Health’s Aetna health insurance unit left the exchanges four years ago along with other insurers that were unable to manage rising costs of uninsured patients signing up for such coverage. “Our goal is to make health care more accessible, more affordable and simpler,” Lynch said in a statement. “In order to do this, we will accelerate the pace of our progress through targeted investments in key areas that will drive our consumer-focused strategy. We believe that solving consumer health needs will deliver better health outcomes and lower costs while creating future economic benefit for … [Read more...] about CVS Health Will Return Aetna To Obamacare Market
What is Scrum Master Certification?
Certified Scrum Master (CSM) is basically an entry-level credential that gives professionals who are getting started as Scrum practitioners an understanding of project management methodologies. The process of certification offers candidates a better understanding of the Scrum values that emphasizes iterative progress, accountability, and teamwork towards a defined goal. Experts who have earned a Certified ScrumMaster may fill the role of a Scrum team member or Scrum Master. While a Scrum Master usually manages how details are exchanged, a Scrum team member plays a vital role as a servant leader who enable self-managing or self-organizing team members to attain all their goals. CSM Requirements There is no prerequisite for enrolling in CSM training. However, extensive training is needed to get certified. In order to earn CSM credentials, as an applicant, you need to know the Scrum framework as well as its practices and principles. Some trainers provide a lot of … [Read more...] about What is Scrum Master Certification?
How to Improve Your Credit Score Fast
Your credit score is one of the most important measures of your financial health. It tells lenders at a glance how responsibly you use credit. The better your score, the easier you will find it to be approved for new loans or new lines of credit. A higher credit score can also open the door to the lowest available interest rates when you borrow. If you would like to boost your credit score, there are a number of quick, simple things that you can do. While it might take a few months to see an improvement in your credit score, you can start working toward a better score in just a few hours. Key Takeaways It takes less than a couple of days to pull all your credit reports from the three major credit bureaus, and assessing your credit score is the first step to raising it. In just a few hours, you can set due-date alerts for bills, so you know when a bill is coming up. Paying your bills on time Is one of the most important steps in improving your credit score. Pay down … [Read more...] about How to Improve Your Credit Score Fast