- Cigna raised its annual earnings outlook and reported a 70 percent boost in third- quarter profits compared to the same period last year. The company’s total revenue in the third quarter was $45.3 billion, a 2.2 percent increase from the same period last year. Cigna’s total revenues this year are $134.8 billion.
- Cigna Ventures, the venture capital arm of health insurance giant Cigna, participated in the $44.5 million growth equity round for Valera Health, a virtual mental health company that partners with hospitals and health systems to help connect patients with virtual mental healthcare.
- Cigna was ranked on the Fortune “100 Fastest-Growing Companies” list for 2022, based on revenue growth, profits and stock returns over the three-year period through June 30, 2022. Its revenue grew by 33 percent during the three-year period and was ranked 79th on the list.
- U.S. News and World Report named Cigna as a top insurance company for Medicare Advantage plans in Alabama and Tennessee, based on its 2023 CMS star ratings.
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.