Reported 1 day ago
Elevance Health, Inc. (ELV), a prominent U.S. healthcare company, has downgraded its earnings forecast for 2025 as it faces increased healthcare utilization and rising costs, particularly in ACA and Medicaid sectors. The company, which serves 45.6 million members, is focusing on long-term financial stability and enhancing operational efficiency through AI-driven tools and value-based care contracts, even as it navigates membership challenges and regulatory changes.
Source: YAHOO