Fierce Healthcare January 26, 2022
Anthem reported $1.1 billion in profit for the fourth quarter, more than doubling its haul of $551 million in the fourth quarter of 2020.
The results beat Wall Street, according to analysts from Zacks Investment Research. Anthem did fall short of Street expectations on revenue for the quarter, however, posting $36.6 billion, though that does represent a 14.9% increase from its fourth-quarter 2020 haul of $31.8 billion.
The insurer brought in $6.1 billion in profit for full-year 2021, up from $4.6 billion in 2020. Full-year revenues were $138.6 billion, according to the company’s earnings report released Wednesday.
“2021 was another year of strong growth for Anthem as we continued our transformation from a health benefits company to a lifetime trusted...