CMS Improves Star Ratings to 3.5 Stars for Clover Health PPO Medicare Advantage Plans for 2025 Payment Year
Clover Health Investments, Corp. - Class A Common stock (CLOV)
Company Research
Source: GlobeNewswire
FRANKLIN, Tenn., June 14, 2024 (GLOBE NEWSWIRE) -- Clover Health Investments, Corp. (NASDAQ: CLOV) (“Clover,” “Clover Health” or the “Company”), a physician enablement technology company committed to bringing access to great healthcare to everyone on Medicare, today announced that the Centers for Medicare and Medicaid Services (“CMS”) has recalculated the 2024 Star Ratings of Clover Health’s PPO Medicare Advantage (“MA”) plans for the 2025 payment year, and has increased the rating by 0.5 Stars, to a revised rating of 3.5 Stars, from the original rating of 3 Stars. Currently, over 95% of Clover’s Medicare Advantage membership is served through its PPO plans. “We are very pleased CMS has recalculated and improved our Star rating for the 2025 payment year,” said Andrew Toy, Chief Executive Officer of Clover Health. "This new development is a testament to the high quality of our MA plans and makes me incredibly optimistic about our go-forward strategy, including our ability to maintai
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News
- CMS Improves Star Ratings to 3.5 Stars for Clover Health PPO Medicare Advantage Plans for 2025 Payment Year [Yahoo! Finance]Yahoo! Finance
- Clover Health Investments, Corp.'s (NASDAQ:CLOV) largest shareholders are retail investors with 58% ownership, insiders own 24% [Yahoo! Finance]Yahoo! Finance
- Clover Health Announces Counterpart Health, a New SaaS and Tech Enabled Services Solution to Bring the Power of CA Technology to all Medicare Advantage Payors and ProvidersGlobeNewswire
- Analysts Have Been Trimming Their Clover Health Investments, Corp. (NASDAQ:CLOV) Price Target After Its Latest Report [Yahoo! Finance]Yahoo! Finance
- Clover Health Investments, Corp. (NASDAQ:CLOV) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
CLOV
Earnings
- 5/7/24 - Beat
CLOV
Sec Filings
- 6/20/24 - Form 4
- 6/18/24 - Form 4
- 6/18/24 - Form 4
- CLOV's page on the SEC website