- Universal Health Services, Inc.: The King of Prussia, Pennsylvania-based hospital management company did not meet its earnings per share or revenue expectations.
- CVS Health: CVS Health’s still-pending acquisition of Aetna delivered exceptional financials for the company in Q1.
- Encompass Health: The Birmingham, Alabama-based post-acute care provider attributed its improved revenue metrics to volume and pricing growth.
- Cigna Corp: The Bloomfield, Connecticut-based insurer rebounded with revenues totalling nearly $38 billion in Q1.
- Community Health Systems: The for-profit rural hospital operator produced yet another dismal earnings report.
- Tenet Hospital Corp.: The Dallas-based for-profit hospital operator showed year-over-year improvement on its net losses though revenues slipped to $3.86 billion.
- Teladoc: Once again, the telemedicine company saw its revenues rise alongside with its net loss.
- Molina Healthcare: The Long Beach, California-based insurer’s net income rose to nearly $200 million in Q1, a $91 million bounce year-over-year, prompting the company to boost its year-end guidance.
- Humana: The Louisville-based insurer again raised its earnings per share guidance for 2019, this time due to expected Medicare Advantage growth.
- WellCare Health Plans: The Tampa-based insurer’s net income and total revenues experienced a significant bump compared to Q1 2018.
- HCA Healthcare Inc.: The Nashville-based for-profit hospital operator’s revenues topped $12.5 billion but net income dropped below $1.1 billion.
- Magellan Health: The Scottsdale, Arizona-based for-profit managed care company experienced a horrid Q1 across nearly all financial metrics.
HENRY KOTULA 