Edition:
India

Anthem Inc (ANTM.N)

ANTM.N on New York Stock Exchange

237.55USD
11 Oct 2019
Change (% chg)

$0.32 (+0.13%)
Prev Close
$237.23
Open
$239.81
Day's High
$244.92
Day's Low
$236.97
Volume
503,849
Avg. Vol
334,888
52-wk High
$317.89
52-wk Low
$227.22

Latest Key Developments (Source: Significant Developments)

Anthem Intends To Reaffirm Net Income Guidance For FY 2019 To Be More Than $18.34 Per Share, Including About $0.96 Per Share Of Net Unfavorable Items
Monday, 16 Sep 2019 

Sept 16 (Reuters) - Anthem Inc ::ANTHEM - INTEND TO REAFFIRM NET INCOME GUIDANCE FOR FY 2019 TO BE MORE THAN $18.34 PER SHARE, INCLUDING ABOUT $0.96 PER SHARE OF NET UNFAVORABLE ITEMS.ANTHEM - CONTINUES TO EXPECT ADJUSTED NET INCOME TO BE GREATER THAN $19.30 PER SHARE FOR FY 2019.FY2019 EARNINGS PER SHARE VIEW $19.35 -- REFINITIV IBES DATA.  Full Article

Anthem Says Challenges Being Faced By Medicaid Business Remain Isolated To A "Handful Of States"
Wednesday, 24 Jul 2019 

July 24 (Reuters) - Anthem Inc ::ANTHEM CFO SAYS MEDICAID BUSINESS CONTINUES TO BE WITHIN TARGET MARGINS ALBEIT AT LOW END OF THE RANGE- CONF. CALL.ANTHEM CFO SAYS CHALLENGES BEING FACED BY MEDICAID BUSINESS REMAIN ISOLATED TO A "HANDFUL OF STATES" - CONF. CALL.ANTHEM EXPECTS MEDICAID PROFITABILITY TO IMPROVE IN SECOND HALF OF 2019 AS CO RECEIVED RATE INCREASES IN SEVERAL STATES THAT WILL HELP IMPROVE BENEFIT EXPENSE RATIO - CONF. CALL.  Full Article

Anthem Expect Adjusted Net Income To Be Greater Than $19.20 Per Share For Fy 2019
Tuesday, 18 Jun 2019 

June 17 (Reuters) - Anthem Inc ::ANTHEM SAYS COMPANY OFFICERS INTEND TO REAFFIRM CO'S NET INCOME GUIDANCE FOR FY 2019 TO BE GREATER THAN $18.27 PER SHARE - SEC FILING.COMPANY CONTINUES TO EXPECT ADJUSTED NET INCOME TO BE GREATER THAN $19.20 PER SHARE FOR FY 2019.FY2019 EARNINGS PER SHARE VIEW $19.30 -- REFINITIV IBES DATA.  Full Article

Anthem To Begin Migrating Some Members To IngenioRx On May 1
Wednesday, 24 Apr 2019 

April 24 (Reuters) - Anthem Inc ::ANTHEM CEO SAYS CO ON TRACK TO DELIVER FULL YEAR MEDICARE ADVANTAGE GROWTH TARGET OF GREATER THAN 20 PERCENT - CONF. CALL.ANTHEM CEO SAYS CO WILL BEGIN MIGRATING SOME MEMBERS TO INGENIORX ON MAY 1- CONF. CALL.ANTHEM SAYS EXPECTS MORE NORMALIZED YEAR-OVER-YEAR GROWTH IN GOVERNMENT SEGMENT OVER LATTER THREE QUARTERS OF THE YEAR- CONF. CALL.ANTHEM SAYS RAISED 2019 FORECAST REFLECTS STRONG FIRST-QUARTER, RAISED REVENUE EXPECTATIONS- CONF. CALL.ANTHEM SAYS VERY FOCUSED ON TUCK IN ACQUISITIONS THAT ENHANCE CAPABILITIES SPECIFICALLY WITH DIVERSIFIED BUSINESS GROUP - CONF. CALL.ANTHEM EXECUTIVE SAYS ABOUT M&A OPPORTUNITIES: "WE'RE NOT TAKING ANYTHING OFF THE TABLE AT THIS TIME" - CONF. CALL.ANTHEM SAYS MOST MEMBERS WILL BE MOVED TO INGENIORX IN SECOND HALF OF THE YEAR - CONF. CALL.ANTHEM SAYS MEMBERS FROM GOVERNMENT BUSINESS TO BE MOVED TO INGENIORX IN 2020 - CONF. CALL.  Full Article

Anthem Reports First Quarter 2019 Results, Raises Full Year Outlook
Wednesday, 24 Apr 2019 

April 24 (Reuters) - Anthem Inc ::ANTHEM REPORTS FIRST QUARTER 2019 RESULTS, RAISES FULL YEAR OUTLOOK.Q1 EARNINGS PER SHARE $5.91.Q1 REVENUE $24.4 BILLION VERSUS REFINITIV IBES ESTIMATE OF $24.27 BILLION.Q1 ADJUSTED EARNINGS PER SHARE $6.03.SEES FY REVENUE ABOUT $100 BILLION.Q1 EARNINGS PER SHARE ESTIMATE $5.81 -- REFINITIV IBES DATA.Q2 2019 DIVIDEND OF $0.80 PER SHARE DECLARED TO SHAREHOLDERS."OUR Q1 2019 RESULTS REPRESENT A STRONG START TO YEAR".MEDICAL ENROLLMENT TOTALED APPROXIMATELY 40.8 MILLION MEMBERS AT MARCH 31, 2019, AN INCREASE OF 1.2 MILLION, OR 2.9 PERCENT, FROM MARCH 31, 2018.BENEFIT EXPENSE RATIO WAS 84.4 PERCENT IN Q1 OF 2019, AN INCREASE OF 290 BASIS POINTS FROM 81.5 PERCENT IN PRIOR YEAR QUARTER.SEES 2019 BENEFIT EXPENSE RATIO IN THE RANGE OF 86.2% PLUS OR MINUS 30 BASIS POINTS.DURING Q1, RECORDED NET REALIZED GAINS ON FINANCIAL INSTRUMENTS $78 MILLION AND OTHER-THAN-TEMPORARY IMPAIRMENT LOSSES $10 MILLION.ANTHEM - SEES FY GAAP NET INCOME IS NOW EXPECTED TO BE GREATER THAN $18.27 PER SHARE, INCLUDING APPROXIMATELY $0.93 PER SHARE OF NET UNFAVORABLE ITEMS.ANTHEM - AS OF MARCH 31, 2019, COMPANY'S NET UNREALIZED GAIN POSITION IN INVESTMENT PORTFOLIO WAS $255 MILLION, CONSISTING OF FIXED MATURITY SECURITIES.EXCLUDING ITEMS, FY ADJUSTED NET INCOME IS NOW EXPECTED TO BE GREATER THAN $19.20 PER SHARE.FOR FY 2019, CO CONTINUES TO EXPECT UNDERLYING LOCAL GROUP MEDICAL COST TREND WILL BE IN RANGE OF 6.0% PLUS OR MINUS 50 BASIS POINTS.  Full Article

Anthem Sees Long-Term Revenue Growth Target Of 10-12 Pct Per Year: Presentation
Thursday, 7 Mar 2019 

March 7 (Reuters) - Anthem Inc ::ANTHEM INC SEES LONG-TERM REVENUE GROWTH TARGET OF 10 PERCENT TO 12 PERCENT PER YEAR - PRESENTATION.ANTHEM INC SEES TOTAL MEMBERSHIP IN 2019 OF 40.9 MILLION TO 41.3 MILLION.ANTHEM INC SEES TOTAL COMMERCIAL MEMBERSHIP IN 2019 OF 30.1 MILLION TO 30.3 MILLION.ANTHEM INC SEES TOTAL GOVERNMENT MEMBERSHIP IN 2019 OF 10.9 MILLION - 11.1 MILLION.ANTHEM INC SEES TOTAL MEDICAID MEMBERSHIP IN 2019 OF 7.2 MILLION TO 7.3 MILLION.ANTHEM INC SEES TOTAL MEDICARE MEMBERSHIP IN 2019 OF 2.1 MILLION - 2.2 MILLION.  Full Article

Anthem Inc - Intend To Reaffirm All Full Year 2019 Guidance Metrics Issued In Q4 Earnings Release
Thursday, 7 Mar 2019 

March 6 (Reuters) - Anthem Inc ::ANTHEM INC - INTEND TO REAFFIRM ALL FULL YEAR 2019 GUIDANCE METRICS ISSUED IN THE COMPANY’S FOURTH QUARTER AND FULL YEAR 2018 EARNINGS RELEASE.  Full Article

CVS CEO Says Sees Proposed Rebate Rule "Taking Us Backwards Not Forward"
Wednesday, 20 Feb 2019 

Feb 20 (Reuters) - CVS Health Corp ::CVS HEALTH CORP SAYS PRICES FOR NON SPECIALTY MEDICATIONS FELL 4.2 PERCENT FOR COMMERCIAL CLIENTS; PRICES FOR SPECIALTY PRODUCTS GREW 1.7 PERCENT IN 2018.CVS HEALTH CORP SAYS OPERATING INCOME FOR PBM BUSINESS WILL BE DOWN MID-SINGLE DIGITS VERSUS 2018 - CONF. CALL.CVS SAYS ANTHEM PBM CONTRACT IS A "STRONG HEADWIND" DUE TO INVESTMENT NEEDED TO ACCELERATE START DATE.CVS CEO SAYS SEES PROPOSED REBATE RULE "TAKING US BACKWARDS NOT FORWARD" - CONF. CALL.  Full Article

Anthem To Transition Membership A Year Ahead Of Original Plans With Accelerated PBM Launch
Wednesday, 30 Jan 2019 

Jan 30 (Reuters) - Anthem Inc ::ANTHEM CEO SAYS PERFORMANCE IN GOVERNMENT BUSINESS NORMALIZED IN Q4 - CONF. CALL.ANTHEM CEO SAYS CO HAS BEEN WORKING CLOSELY WITH CVS TO PLAN EVERY DETAIL OF TRANSITION TO INGENIORX - CONF. CALL.ANTHEM CEO SAYS "WE HAVE COMPLETED MORE THAN 15 MONTHS OF PREPARATION AGAINST OUR TRANSITION GOAL"- CONF. CALL.ANTHEM SAYS 2019 EXPECTATIONS INCLUDE TOTAL MEMBERSHIP GROWTH OF 1.2 MILLION MEMBERS AT MIDPOINT OF GUIDANCE, INCLUDING YEAR-OVER-YEAR IMPROVEMENT IN COMMERCIAL GROUP FULLY INSURED SEGMENT - CONF. CALL.ANTHEM ESTIMATES MEDICARE ADVANTAGE GROWTH WILL EXCEED 2 PERCENT BY THE END OF 2019 - CONF. CALL.ANTHEM CFO EXPECTS TO MIGRATE SOME CUSTOMERS TO INGENIORX IN Q2, WITH MOST MOVING IN THE SECOND HALF OF 2020 AND Q1 OF 2020.ANTHEM SAYS ACCELERATED LAUNCH TO TRANSITION ALL MEMBERSHIP BY Q1 2020, A YEAR AHEAD OF ORIGINAL PLANS - CONF. CALL.ANTHEM SAYS GIVEN ACCELERATED INGENIORX LAUNCH, CO EXPECTS SLIGHTLY OVER HALF OF ADJUSTED EARNINGS IN FIRST HALF OF 2019- CONF. CALL.  Full Article

Aetna, Anthem, Health Care Service Corp, PNC Bank, IBM Announce Blockchain Collaboration
Thursday, 24 Jan 2019 

Jan 24 (Reuters) - IBM::AETNA, ANTHEM, HEALTH CARE SERVICE CORPORATION, PNC BANK AND IBM ANNOUNCE COLLABORATION TO ESTABLISH BLOCKCHAIN-BASED ECOSYSTEM FOR THE HEALTHCARE INDUSTRY."AETNA, ANTHEM, HCSC, PNC BANK, AND IBM ARE ACTIVELY WORKING TO FURTHER DEFINE INITIAL USE CASES FOR THE HEALTH UTILITY NETWORK".COLLABORATION WILL ADD ADDITIONAL MEMBERS TO NETWORK IN COMING MONTHS.COLLABORATION'S AIM IS TO CREATE AN INCLUSIVE BLOCKCHAIN NETWORK THAT CAN BENEFIT MULTIPLE MEMBERS OF THE HEALTHCARE ECOSYSTEM.MEMBERS INTEND TO USE BLOCKCHAIN TO ADDRESS INDUSTRY CHALLENGES, INCLUDING PROMOTING EFFICIENT CLAIMS, PAYMENT PROCESSING, AMONG OTHER THINGS.  Full Article

Centene, WellCare to divest certain Medicaid plans to Anthem

Centene Corp and Wellcare Health Plans Inc have agreed to sell Wellcare's Missouri and Nebraska Medicaid plans for people with low income to Anthem Inc , as the companies look to close their $15.27 billion deal.