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Anthem has invested $87.9 million in affordable housing projects across Indiana, creating 1,139 housing units. This initiative aims to enhance community health and stability by addressing the needs of vulnerable families, including those with intellectual disabilities. The investment was highlighted during a ribbon-cutting event for the Paddocks project, which includes 48 units for low-income families. Anthem’s overall commitment to affordable housing exceeds $410 million across 45 states and territories. This ongoing effort aligns with their focus on improving whole health outcomes for the communities they serve.
Anthem, Inc. (NYSE: ANTM) reported a strong financial performance in Q2 2021, with GAAP net income at $7.25 per share. Medical enrollment rose to 44.3 million members, marking a 4.4% increase. Operating revenue reached $33.3 billion, up 14.1% year-over-year, largely driven by Medicaid and Medicare growth. However, the benefit expense ratio increased to 86.8%, indicating rising healthcare costs. The company also executed a share repurchase of 1.3 million shares for $480 million and declared a quarterly dividend of $1.13 per share.
Anthem, Inc. (NYSE: ANTM) will announce its second quarter 2021 financial results on July 21, 2021, at 6:00 a.m. EDT. A conference call for management to discuss these results and the company's outlook is scheduled for 8:30 a.m. EDT the same day. Participants can access the call using the numbers provided, with a specific access code of 8339667. A replay of the call will be available from 11:30 a.m. EDT on July 21 until August 20, 2021. Anthem serves over 116 million people, emphasizing its commitment to providing innovative health benefits.
Anthem, Inc. (NYSE: ANTM) has successfully completed the acquisition of MMM Holdings, LLC, which includes its Medicare Advantage plan, MMM Healthcare, LLC, and Medicaid plan, from InnovaCare Health, L.P. With over 275,000 Medicare Advantage members and 314,000 Medicaid members, MMM is a significant player in Puerto Rico's healthcare landscape. The acquisition aims to enhance Anthem's ability to serve Medicare and Medicaid-eligible individuals, aligning with its commitment to whole-person health and improving healthcare experiences for its members.
Anthem, Inc. (NYSE: ANTM) will present at the Alliance Bernstein 37th Annual Strategic Decisions Conference on June 4, 2021, at 10:00 a.m. EDT and at the Goldman Sachs 42nd Annual Global Healthcare Conference on June 8, 2021, at 10:30 a.m. EDT. Investors can access these presentations via a webcast on Anthem's website, with replays available for two weeks. Attendees should prepare by visiting the site 15 minutes early to install necessary audio software. Anthem serves over 116 million people, focusing on innovative and valuable healthcare solutions.
Anthem, Inc. (NYSE: ANTM) has partnered with Epic to enhance the secure exchange of health information between healthcare providers and Anthem's health plans. This collaboration aims to leverage data-driven insights for better patient care and streamlined administrative processes. The integration of Epic's Payer Platform with Anthem's Health OS will support over 14.7 million consumers by improving care management, timely notifications for significant health events, and reducing the administrative burden on providers. This initiative represents Anthem's commitment to a digital-first approach in healthcare.
Anthem, Inc. (NYSE: ANTM) has completed its acquisition of myNEXUS, a home-based nursing management company serving approximately 1.7 million Medicare Advantage members across 20 states. This strategic move aims to enhance home healthcare services through advanced analytics and digital solutions. myNEXUS will operate as a wholly-owned subsidiary, integrating its services into Anthem's offerings to improve patient outcomes and reduce readmissions. Financial terms of the deal were not disclosed, and Anthem's 2021 EPS guidance remains unchanged.
Anthem, Inc. (NYSE: ANTM) will present at the Bank of America Healthcare Conference on May 11, 2021, at 12:30 p.m. EDT. Interested parties can listen live via a webcast at www.antheminc.com, under the 'Investors' section. A replay of the presentation will be available for two weeks post-event. Attendees are encouraged to join early to ensure the necessary audio software is installed. Anthem serves over 116 million people, with more than 43 million utilizing its health plans.
Anthem, Inc. (NYSE: ANTM) reported strong first-quarter 2021 results, with GAAP net income of $6.71 per share, adjusted to $7.01. Medical enrollment rose by 1.4 million to 43.5 million members, driven by Medicaid and Medicare growth. Operating revenue increased by 9% to $32.1 billion, attributed mainly to higher premium revenue. However, the benefit expense ratio rose to 85.6%, influenced by COVID-19 costs. The full-year outlook anticipates earnings over $24.05 per share, with operating revenue projected at approximately $135.1 billion.
Anthem, Inc. (NYSE: ANTM) will announce its first quarter 2021 financial results on April 21, 2021, at 6:00 a.m. EST. Management will hold a conference call to discuss these results and future outlook at 8:30 a.m. EST on the same day. Interested parties should dial in at least 15 minutes early, with numbers provided for both domestic and international access. A replay will be available from 11:30 a.m. EST on April 21 until May 20, 2021. More information can be accessed via their investor relations page.
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