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Cigna Turns $739 Million Profit Despite $1 Billion Loss On VillageMD
CICigna(CI) Forbes·2024-10-31 10:00

The Cigna Group reported a 700millionthirdquarterprofitasthecompanysEvernorthhealth...[+]servicesbusinessdealswitha700 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 739millionthirdquarterprofitdespitea739 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 1billion,or1 billion, or 3.69 per share, "related to VillageMD." That negativel ...