Cigna Turns $739 Million Profit Despite $1 Billion Loss On VillageMD
Cigna(CI) Forbes·2024-10-31 18:00
The Cigna Group reported a $700 million third quarter profit as the company's Evernorth health ... [+] services business deals with a $1 billion loss in value of its investment in doctor-staffed clinic operator VillageMD. Walgreens Boots Alliance The Cigna Group reported a $739 million third quarter profit despite a $1 billion loss on its investment in clinic operator VillageMD. On Thursday, Cigna reported a "non-cash investment loss" of $1 billion, or $3.69 per share, "related to VillageMD." That negativel ...