Benzinga
What's Going On With CVS Health Stock Friday? - CVS Health (NYSE:CVS)
xCruzo Brief
CVS Health says its Aetna unit is using strong Medicare Advantage “Star Ratings” as a basis for confidence in restoring “appropriate profit margins,” while improving outcomes. The company said Thursday that more than 69% of Aetna’s Medicare Advantage members are enrolled in 2027 plans rated four stars or higher by the Centers for Medicare & Medicaid Services for a third straight year. Aetna President Steve Nelson linked the ratings to clinical quality and operational execution. The insurer reported 4.77 stars for all-cause readmissions, 5.00 for medication reviews for older adults, 4.03 for functional status assessments, and 4.29 for drug plan complaints. CVS shares rose 0.27% to $88.04 Friday.
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