Bright Health Decisions cull over a year of stock losses
Stock loss of Bright Health

Bright Health Decisions cull over a year of stock losses

Tushar A. Tushar A.

Tushar A.

Hiring Physicians | Radiologists | MD's | Surgeons | Medical Doctors | Healthcare Professionals

发布日期: 2022年10月11日
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  • Starting next year, Bright Health will no longer offer Medicare Advantage plans outside of California and Florida as the insurer chases profitability following recent losses.
  • The payer will also no longer offer individual and family plan products through its Bright HealthCare segment. The company said it expects to reach profitability on an adjusted EBITDA basis in 2023 due to the overhaul, despite revenue expected to fall by more than half as a result.
  • The announcement comes just six months after the Minneapolis, Minnesota-based payer said it planned to exit six states starting next year.

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