Aetna’s revenues for the second quarter totaled approximately $11.5 billion, a 31 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 six months ended June 30, 2013, Aetna reported a net income of approximately $1 billion, a nearly 6 percent increase from $968.6 million in the first six months of 2012. Revenues for the first six months of 2013 totaled about $21.1 billion, an 18.7 percent increase from nearly $17.8 billion in the first six months of 2012.
More Articles on Aetna:
Carroll County Memorial Enters Aetna Network Under New Contract
Aetna Starts PCMH Program in Massachusetts
Industry Analysts Find Major Insurers Thriving
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.
