Aetna CEO Booted

[somarco]

Aetna executive ousted as CVS’ Medicare Advantage woes drag into second quarter

On Wednesday, CVS slashed its earnings guidance for the third time this year, announced a plan to cut $2 billion in costs and fired the head of its insurance division Aetna.

The Rhode Island-based healthcare behemoth, which has struggled since last year to manage the costs of Medicare seniors returning for care, also announced a plan to cut $2 billion in costs over the next few years — and fired its top insurance executive.

Aetna executive ousted as CVS’ Medicare Advantage woes drag into second quarter

On Wednesday, CVS slashed its earnings guidance for the third time this year, announced a plan to cut $2 billion in costs and fired the head of its insurance division Aetna, which continues to struggle with high medical utilization.

www.healthcaredive.com

 

[MedicareWAA]

Hard to keep your job when you miss your guidance three times in a row. No credibility left.

Walter

 

[Duaine]

 

[vic120]

Sure this is not the only firing this year,

but most wont be talked about

 

[renee15]

CVS/AETNA is a joke
RX sent electronically at hospital discharge for saddle PE
The pharmacy would not fill, gave one pill.
Submitted an emergency grievance-no response.
Because you can't go back to the Hospitalist for assistance.
21 days later, a letter shows up in the mail, stating they had reached out.....
They had not.
The DR office provided samples.

 

[Fisher]

View attachment 14176

It's Aetna, not Athena, dude!

 

[jdeasy]

Being an FE focused agent I doubt this means much for my business. Aetna left the FE arena years ago.

 

[Rearden]

Bye bye Aetna FE?

 

[Duaine]

It's Aetna, not Athena, dude!

Aetna was a Sicilian nymph in Greek and Roman mythology. According to Alcimus, she was the daughter of Uranus and Gaia or of Briareus, but Stephanus of Byzantium says that another account says she was the daughter of Oceanus. Simonides says that Aetna acted as an arbitrator between Hephaestus and Demeter over who would possess Sicily. She may have also been the mother of the Palici, either by Zeus or Hephaestus. Mount Etna in Sicily is thought to have been named after her, and Zeus is said to have buried Typhon, Enceladus, or Briareus under it

 

[sshafran]

Dental implants and golf green fees were expensive...