Brief: Clover Health Exits Aco Reach To Accelerate Path To Profitability

Clover Health Investments

01/12/2023 14:17

Clover Health Investments Corp  CLOV.O :
    * CLOVER HEALTH EXITS ACO REACH TO ACCELERATE PATH TO
PROFITABILITY
    * CLOVER HEALTH INVESTMENTS CORP SEES TO DELIVER
PROFITABILITY ON
AN ADJUSTED EBITDA BASIS FOR FULL-YEAR 2024
    * CLOVER HEALTH INVESTMENTS CORP - HAS DELIVERED NOTICE TO
CMS
THAT IT WILL EXIT CMS ACO REACH PROGRAM AT END OF 2023
PERFORMANCE YEAR
    * CLOVER HEALTH INVESTMENTS CORP: DECISION WILL HAVE NO
IMPACT ON
ITS ACO REACH BENEFICIARIES
    * CLOVER HEALTH INVESTMENTS CORP: WILL CONTINUE TO FULFILL
ALL OF
ITS OBLIGATIONS UNDER ACO REACH PROGRAM FOR 2023 PERFORMANCE
YEAR

Source text for Eikon:  ID:nGNX32dXkf 
Further company coverage:  CLOV.O