Cigna Group Stock Price, News & Analysis

Cigna Corporation (NYSE:CI) announced that CFO Brian Evanko will present at the 43rd Annual Cowen Health Care Conference on March 6, 2023, at 2:50 p.m. ET in Boston, MA. A live webcast of the presentation will be available on Cigna's Investor Relations website. Cigna focuses on improving health and well-being globally, providing a range of integrated health services across approximately 30 countries, with around 190 million customer relationships. The company's offerings include medical, dental, behavioral health, pharmacy, and vision services.

Cigna Corporation (NYSE: CI) reported a strong financial performance for 2022, with total revenues of $180.5 billion and shareholders' net income increasing 24% to $6.7 billion or $21.30 per share. Adjusted income from operations rose to $7.3 billion or $23.27 per share. The board announced a 10% increase in the quarterly dividend to $1.23 per share, payable on March 23, 2023. For 2023, Cigna projects adjusted income from operations to reach at least $7.33 billion or $24.60 per share. Customer growth also showed positive trends, with a 5% increase in medical customers compared to 2021.

Evernorth, the health services arm of Cigna Corporation (NYSE: CI), has promoted Adam Kautzner, PharmD, to president of Express Scripts. Kautzner brings extensive experience in pharmacy benefit management, including expertise in pharma relations and formulary development. Eric Palmer, CEO of Evernorth, highlighted Kautzner's innovative approach and leadership skills, which are expected to enhance patient outcomes and unlock pharmacy savings. Kautzner previously served as Senior VP of Supply Chain and has a doctorate from St. Louis College of Pharmacy. This strategic move aims to drive growth and positively impact Evernorth's service offerings.

Cigna Corporation (NYSE:CI) will announce its fourth quarter 2022 financial results on February 3, 2023, at 6:30 a.m. ET. A conference call will follow at 8:30 a.m. ET to discuss these results. Participants are encouraged to join by 8:15 a.m. ET. The call will be available for replay starting at 12:30 p.m. ET on the same day until February 17, 2023. Cigna offers a range of health services globally, with a focus on improving the well-being of its customers.

Cigna Corporation (NYSE: CI) has been recognized as the #1 company in the health care sector for corporate citizenship by JUST Capital and CNBC, ranking #16 overall among over 950 companies. This is Cigna's fourth consecutive year receiving this honor. The company has expanded its mental health services and enhanced employee support programs, including a caregiver leave initiative. The recognition underscores Cigna's commitment to stakeholders and its ongoing efforts to drive positive change across communities.

VillageMD has successfully completed the acquisition of Summit Health-CityMD on January 3, 2023 for $8.9 billion, expanding its capacity in primary, specialty, and urgent care services. This merger, supported by Walgreens Boots Alliance (WBA) and Cigna Corporation (CI), aims to enhance patient-centered care through a combined workforce of 20,000 professionals. The collaboration intends to leverage innovative healthcare delivery models across 680 locations in 26 markets, targeting improved health outcomes and value-based care.

Cigna Corporation (NYSE:CI), a global health services company, announced that its CEO David Cordani will present at the 41^st Annual J.P. Morgan Healthcare Conference on January 10, 2023, in San Francisco, CA. The presentation is scheduled to start at 5:15 p.m. ET. Interested parties can access the live webcast via Cigna's Investor Relations section. Cigna, serving over 190 million customers globally, is dedicated to improving health and well-being through integrated health services.