Cigna posted total revenues of $38.2 billion in the fourth quarter of 2019, up from $14.3 billion reported in the same period a year before. The insurer said the growth was driven by its integration with Express Scripts.
Cigna ended the fourth quarter of 2019 with $977 million in profits, compared to $144 million in the fourth quarter of 2018. For the full fiscal year, Cigna netted more than $5 billion in profits, nearly double its net income in 2018.
More articles on payers:
10 largest health insurers
CMS to allow Medicaid funding caps: 5 things to know
22 payer exec moves in January
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
