Anthem beats in Q3, but profit plummets amid rising costs
Dive Brief: Anthem beat Wall Street’s third-quarter expectations on earnings and reported revenue of $ 31.2 billion, up 16.8% from the year prior, in results released Wednesday morning. Expenses, however, were up more than 22% year over year, leaving profit to plummet roughly 80%. Total medical membership jumped 4%, attributed to increases in Medicare and… Read More »
