Healthcare Finance News April 19, 2024
Insurance giant reports no significant impact to operations and cash flow from Change cyberattack that continues to affect providers.
Elevance Health on Thursday reported net income of $2.25 billion in the first quarter of 2024, a 12.2% from the $2 billion reported in the same quarter for 2023.
The insurance giant formerly known as Anthem reported no significant impacts to operations and cash flow from the February 21 Change Healthcare cyberattack that continues to affect the revenue of hospitals and physician practices.
Elevance CEO and President Gail Boudreaux said during Thursday’s earnings call, “Now, I want to say first and foremost, I’m really proud of our teams and how they responded to this issue that occurred with Change quickly and...
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