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The Cigna Group Foundation Addresses Mental Health and Housing Stability for Veterans with $3 Million in Grants
Prnewswire· 2025-07-08 10:00
Core Insights - The Cigna Group Foundation has announced a new round of grants totaling $9 million over three years, focusing on improving the mental health of military veterans by addressing social determinants of health, particularly housing stability [1][6][8] Grant Program Details - The 2025 grant application is open for eligible organizations in select states, closing on August 7, 2025 [2] - The foundation prioritizes grants in regions with high social determinant of health risks, including Arizona, Connecticut, Florida, Georgia, Illinois, Missouri, New Jersey, Pennsylvania, Tennessee, and Texas [3][6] - Goals of the grant program include increasing permanent housing for veterans, improving housing affordability through rental or mortgage assistance, and enhancing wraparound services for veterans transitioning from shelters [3][6] Veteran Mental Health Context - Military veterans face a higher risk of homelessness, with approximately 40,000 veterans without shelter on any given night, and a 7% increase in homelessness among veterans reported from 2022 to 2023 [4][6] Previous Funding Impact - In 2024, the first year of the grant program, $3 million was distributed to 23 organizations to support local veterans, focusing on stability and mental health [5][6] - Examples of funded initiatives include the Veterans Rapid Rehousing Program in Texas and financial assistance for veteran homeowners facing foreclosure in Tennessee [7] Broader Philanthropic Commitment - The Cigna Group Foundation has committed over $27 million in grants over three years to address youth and veteran mental health and reduce barriers to health equity [8]
Teladoc (TDOC) Sees a More Significant Dip Than Broader Market: Some Facts to Know
ZACKS· 2025-07-01 23:16
Company Performance - Teladoc's stock closed at $8.58, down 1.49%, underperforming the S&P 500 which lost 0.11% [1] - Over the past month, Teladoc shares gained 26.78%, significantly outperforming the Medical sector's gain of 1.66% and the S&P 500's gain of 5.17% [1] Earnings Expectations - The upcoming earnings report is expected to show an EPS of -$0.27, a 3.57% increase from the same quarter last year [2] - Revenue is projected at $621.69 million, down 3.23% from the previous year [2] Full Year Projections - For the full year, analysts expect earnings of -$1.2 per share and revenue of $2.52 billion, reflecting changes of +79.56% and -2.12% respectively from last year [3] - Recent revisions in analyst estimates are crucial as they indicate confidence in the company's performance and profit potential [3] Zacks Rank and Industry Position - The Zacks Rank system currently rates Teladoc as 3 (Hold), with a recent 6.59% decrease in the EPS estimate over the last 30 days [5] - The Medical Services industry, which includes Teladoc, has a Zacks Industry Rank of 68, placing it in the top 28% of over 250 industries [6]
Pennant Announces Home Health Acquisition in Southern California
Globenewswire· 2025-07-01 20:44
Core Insights - The Pennant Group, Inc. has acquired GrandCare Health Services, expanding its home health services in California [1][2] - The acquisition aims to enhance patient care through increased resources and expertise while maintaining continuity in service delivery [2][3] Company Overview - The Pennant Group operates independent subsidiaries providing healthcare services through home health and hospice agencies and senior living communities across multiple states [4] - GrandCare Health Services is a 5-star rated provider with over 20 years of experience, serving more than 6,000 patients annually, specializing in post-surgical rehabilitation and chronic disease management [5] Strategic Importance - The acquisition strengthens Pennant's presence in key California markets where it already has a significant senior living footprint [2][3] - The partnership is expected to build a continuum of care, enhancing the quality of home health services delivered to patients in Southern California [3] Leadership Statements - Pennant's CEO expressed enthusiasm about the acquisition, emphasizing the commitment to quality care and the integration of GrandCare's legacy with Pennant's resources [2][3] - GrandCare's leadership highlighted the alignment of values between the two organizations, focusing on empowering local teams and delivering high-quality clinical care [3] Transaction Support - Montauk AI acted as the placement agent for the acquisition, facilitating the transaction for GrandCare [3]
The Cigna Group Foundation Announces Grants to 24 Nonprofits, Builds on Momentum to Help Address Youth Mental Health Crisis
Prnewswire· 2025-06-30 10:00
Core Insights - The Cigna Group Foundation has announced its second round of grant recipients, allocating $9 million over three years to support youth mental health initiatives [1][6] - The grant program aims to address the youth mental health crisis exacerbated by the post-pandemic environment, focusing on youth aged 5-18 and their support systems [2][6] Grant Program Details - The program's goals include increasing the reach of social-emotional skills programming, equipping parents and caregivers to support youth, and enhancing access to mental health interventions [2] - Of the 24 grantees, 36% are returning partners from the first year, indicating a commitment to ongoing collaboration [3] List of Grantees - Notable returning grantees include Mindfulness First, McCall Center for Behavioral Health, and The Village for Families and Children [3] - Additional grantees include Phoenix Children's Hospital Foundation, Tampa Metropolitan Area YMCA, and Communities in Schools of Burke County [4] Partnership with Boys & Girls Clubs of America - In April, the Foundation announced a $1 million grant to Boys & Girls Clubs of America to enhance staff training on identifying youth in distress and implementing trauma-informed practices [5] Historical Context - The Cigna Group Foundation has committed over $27 million in grants over three years to various nonprofit organizations focused on improving mental health and health equity [6]
The Cigna Group's Second Quarter 2025 Earnings Release Details
Prnewswire· 2025-06-25 12:00
Core Points - The Cigna Group will release its second quarter 2025 financial results on July 31, 2025, at 6:30 a.m. ET [1][2] - A conference call to discuss the results will take place at 8:30 a.m. ET on the same day, with suggested dial-in by 8:15 a.m. ET [1] - The call will be accessible via live internet webcast and will be in listen-only mode [1] Company Overview - The Cigna Group is a global health company focused on improving health outcomes through innovative solutions [3] - The company operates under various brands, including Cigna Healthcare and Evernorth Health Services, and has a presence in over 30 markets [3] - Cigna maintains approximately 180 million customer relationships worldwide [3]
23andMe (ME) Earnings Call Presentation
2025-06-25 11:31
February 2025 Disclaimer Forward-Looking Statements This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding the future performance of 23andMe's businesses in consumer genetics and therapeutics and the growth and potential of its proprietary research platform. All statements, other than statements of historical fact, included or incorpor ...
Teladoc (TDOC) Moves 14.4% Higher: Will This Strength Last?
ZACKS· 2025-06-24 19:11
Core Insights - Teladoc (TDOC) shares increased by 14.4% to close at $7.89, driven by higher trading volume compared to typical sessions, contrasting with a 1.3% gain over the past four weeks [1] - Citron Research highlighted Teladoc's growth potential following a Goldman Sachs presentation, emphasizing the integration of BetterHelp in employer health plans and the recent acquisition of UpLift, which facilitates insurance billing [2] - Teladoc's competitive advantages include its comprehensive virtual care services, global reach, and data-driven innovations, offering a wide range of clinical services through a scalable and secure platform [3] Financial Performance - The company is expected to report a quarterly loss of $0.26 per share, reflecting a year-over-year increase of 7.1%, with anticipated revenues of $621.69 million, down 3.2% from the previous year [4] - The consensus EPS estimate for the quarter has been revised 3.4% higher in the last 30 days, indicating a positive trend that may lead to price appreciation [5] Industry Context - Teladoc holds a Zacks Rank of 3 (Hold) within the Medical Services industry, alongside LifeMD, Inc. (LFMD), which experienced a 3.1% decline in the last trading session [6] - LifeMD's consensus EPS estimate remains unchanged at -$0.02, representing an 89.5% year-over-year change [7]
DocGo (DCGO) Earnings Call Presentation
2025-06-24 13:05
High quality, highly accessible healthcare For all © 2 0 2 5 A l l R i g h t s R e s e r ve d – D oc Go Disclaimer This presentation is being delivered solely for informational purposes. No representation or warranty, express or implied, is made by DocGo, its affiliates, or any of their respective directors, officers, shareholders, members, partners or representatives as to the accuracy or completeness of any information in this presentation. Except where otherwise indicated, this presentation speaks as of ...
Teladoc (TDOC) Rises Higher Than Market: Key Facts
ZACKS· 2025-06-16 23:16
Company Performance - Teladoc's stock increased by 2.33% to $7.02, outperforming the S&P 500's daily gain of 0.94% [1] - Over the past month, Teladoc's stock has decreased by 8.78%, underperforming the Medical sector's gain of 4.95% and the S&P 500's gain of 1.67% [1] Upcoming Earnings - The upcoming earnings release is expected to show an EPS of -$0.24, which is a 14.29% increase compared to the same quarter last year [2] - Revenue is projected to be $621.69 million, reflecting a 3.23% decline from the equivalent quarter last year [2] Fiscal Year Projections - For the entire fiscal year, earnings are projected at -$1.17 per share, representing an 80.07% increase from the prior year [3] - Revenue for the fiscal year is estimated at $2.52 billion, indicating a 2.12% decrease from the previous year [3] Analyst Estimates - Recent modifications to analyst estimates for Teladoc reflect short-term business trends, with positive revisions indicating analyst optimism [4] - The Zacks Rank system, which incorporates estimate changes, currently ranks Teladoc at 3 (Hold) [6] Industry Context - The Medical Services industry, part of the Medical sector, holds a Zacks Industry Rank of 67, placing it in the top 28% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]
KBR Awarded Subcontract with Strategic Resources Inc to Expand Psychological Health Services, Aid Army Resilience Training
GlobeNewswire· 2025-06-16 10:00
Core Viewpoint - KBR has secured a subcontract with Strategic Resources Inc to provide health and resilience services to the U.S. Army, emphasizing the importance of mental and physical readiness for soldiers and their families [1][4][9] Contract Details - The Master Resilience Training/Training Center Support contract is valued at $161 million, covering one base year and four option years, with operations across the U.S., Korea, Japan, and Germany [2] - KBR will work with SRI to deliver Master Resilience Trainers at Army Ready and Resilience Centers, focusing on enhancing the well-being and performance of soldiers and related personnel [3] Strategic Importance - This contract is seen as a significant advancement in KBR's commitment to military well-being, building on previous Department of Defense healthcare contracts and existing prime contracts for NASA and U.S. Special Operations Forces [4]