Aetna’s revenue for the third quarter was approximately $13 billion, a 46 percent year-over-year increase driven partly by the insurer’s acquisition of Coventry Health Care. The Coventry merger was valued at $5.7 billion when announced in August 2012.
For the nine months ended Sept. 30, , Aetna reported net income of approximately $1.54 billion, a 5.2 percent increase from $1.47 billion in the first nine months of 2012. Revenue for the first nine months of 2013 totaled about $34.1 billion, a 28 percent increase from nearly $26.7 billion in the first nine months of 2012.
More Articles on Aetna:
Aetna, WellSpan Partner for Payer’s First Pennsylvania ACO
Aetna Opts Out of New Jersey Health Insurance Exchange
Aetna Agrees to $120M Settlement to Out-of-Network Physicians
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
