CVS taps ex-UnitedHealth exec

CVS Taps Ex-UnitedHealth Executive for Aetna, Skips Guidance
CVS Health Corp.’s new Chief Executive Officer David Joyner offered investors no guidance on the company’s expected financial performance for 2024 or 2025 in Wednesday’s earnings report, the first of his tenure.
CVS holds back guidance as it outlines plan to right the ship at Aetna
CVS did not release formal guidance for 2024 as part of its earnings call on Wednesday morning as it continues to navigate headwinds at the insurance business. | CVS did not release formal guidance for 2024 as part of its earnings call on Wednesday morning as it continues to navigate headwinds at the insurance business.
CVS names former UnitedHealth exec to run Aetna, shares jump
CVS Health on Wednesday named Steve Nelson, a former UnitedHealth insurance head, to run its Aetna business, where rising medical costs in the third quarter caused the company to preannounce an earnings miss last month.
CVS taps former UnitedHealth exec to lead Aetna, reports Q3 earnings
CVS Health reported $87 million in net income in the third quarter, down from nearly $2.3 billion year over year. Total revenue in Q3 was $95.4 billion, up 6.3% from the same time period last year. The company reported adjusted earnings per share of $1.09 for Q3.
CVS taps former UnitedHealthcare CEO Steve Nelson to lead Aetna
CVS Health announced two key leadership appointments as it continues the push to improve its financial performance. | CVS Health announced two key leadership appointments as it continues the push to improve its financial performance.
CVS taps former UnitedHealth executive to run insurance unit Aetna
CVS Health on Wednesday named Steve Nelson, a former UnitedHealth insurance head, to run its Aetna business, where rising medical costs in the third quarter caused the company to preannounce an earnings miss last month.
CVS Health gains after Q3 beat; adds former UnitedHealth exec. to run Aetna
CVS Health (CVS) stock gains as company reports better than expected Q3 2024 revenue and names former UnitedHealth (UNH) executive as head of Aetna. Read more here.
CVS Names Former UnitedHealth Executive as Head of Aetna
CVS said a former top UnitedHealth Group executive, Steve Nelson, 66, will lead Aetna effective Wednesday. The health conglomerate is betting on an insurance-industry veteran from
CVS taps ex-UnitedHealth exec as Aetna president, skips guidance
CVS announced Steve Nelson, former CEO of UnitedHealth Group Inc.’s insurance division, as president for its troubled Aetna insurance unit.
CVS appoints new Aetna head following mixed third-quarter results
This year has been defined by an unsuccessful fight against elevated medical costs for CVS. The third quarter was no ...
Healthcare Finance News1d
Aetna underperforms, plans recovery as CVS Health logs $95.4B in revenue
CEO David Joyner put much of the onus on the poor performance on elevated utilization coming out of the pandemic.
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CVS plans to let Aetna fully insured group enrollment shrink
CVS did not break out separate enrollment figures for fully insured group health plans when it posted its earnings.
Can the new CVS CEO handle the Aetna challenge?
As CVS Health's new CEO David Joyner steps into the top job, Wall Street analysts and some investors are questioning whether ...
The Middletown Press1d
Insurance industry veteran Steve Nelson named president of CT-based Aetna, subsidiary of CVS Health
David Joyner, president and chief executive officer of CVS Health, said Nelson "is an industry veteran ... The company ...
CVS posts mixed results, holds off on guidance in Joyner's first earnings report as CEO
CVS expects elevated medical costs to continue to pressure its performance this year, "and as a result we are not providing a ...
New CVS exec commits to integrated model; shakes up team
CVS isn't breaking up the band. It will march into 2025 with its integrated healthcare strategy intact, said new CEO David ...