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Health insurer Anthem reports higher revenue on Medicaid enrollments
2016年4月27日 / 上午10点12分 / 1 年前

Health insurer Anthem reports higher revenue on Medicaid enrollments

April 27 (Reuters) - Health insurer Anthem Inc, which is in the process of buying smaller rival Cigna Corp , reported a near 6.5 percent rise in quarterly revenue, as it added more members to its Medicaid plans.

The company's net income fell to $703 million, or $2.63 per share, in the first quarter ended March 31, from $865.2 million, or $3.09 per share, a year earlier.

Exluding items the company earned $3.46 per share.

Total revenue rose to $20.29 billion from $19.05 billion. (Reporting by Amrutha Penumudi in Bengaluru; Editing by Shounak Dasgupta)

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