Brief: Clover Health Investments Says Sees Exit Activities To Conclude By End Of 2024

Clover Health Investments

01/12/2023 15:33

Dec 1 (Reuters) - Clover Health Investments Corp
 CLOV.O :
    * CLOVER HEALTH INVESTMENTS CORP - EXIT ACTIVITIES ARE
EXPECTED TO
CONCLUDE BY END OF 2024
    * CLOVER HEALTH INVESTMENTS CORP -  EXPECTS TO INCUR TOTAL
CHARGES
RELATED TO EXIT FROM THE ACO REACH PROGRAM OF ABOUT $8 MILLION
TO $10 MILLION
    * CLOVER HEALTH INVESTMENTS CORP - EXPECTS TO RECORD A
NON-CASH
IMPAIRMENT CHARGE IN Q4 OF 2023 OF ITS ASSETS IN AN ESTIMATED
AMOUNT OF ABOUT $6 MILLION

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

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