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[1] In February 2024, EviCore was fined $16,000 by Connecticut's Insurance Department after a review of 196 files. [1] The company was founded as MedSolutions Inc in 1992. [2] In 2016, EviCore acquired QPID Health Inc. [3] In 2017, Express Scripts acquired EviCore for $3.6 billion. [4] In 2018, Express Scripts was acquired by Cigna.
Evernorth houses the pharmacy benefit management business Cigna acquired in its 2018 buyout of Express Scripts as well as the company's specialty pharmacy business Accredo.
CEO Evernorth of Cigna Corp (30-Year Financial, Insider Trades) Timothy C Wentworth (insider trades) sold 5,732 shares of CI on 03/01/2021 at an average price of $214.67 a share.
Cigna's Medicare Advantage business generated 4.4% of the company's $179.4 billion revenue from external customers in 2022. Its plans currently serve 3.6 million Medicare members.
Timothy C. Wentworth (born 1959/1960) [1] is an American businessman [2] and CEO of pharmacy operator Walgreens Boots Alliance. He is a former CEO of Evernorth, [3] Cigna's health services platform [4] and a former CEO of Express Scripts, [5] the United States' largest pharmacy benefit manager. [6] [7] [8]
The Cigna Group is an American multinational for-profit managed healthcare and insurance company based in Bloomfield, Connecticut. [2] [3] Its insurance subsidiaries are major providers of medical, dental, disability, life and accident insurance and related products and services, the majority of which are offered through employers and other groups (e.g., governmental and non-governmental ...
Cigna, however, on Sunday announced plans to do an additional $10 billion in share repurchases, bringing total repurchases to $11.3 billion. Shares of Connecticut-based Cigna rose 12.1% to $290.07 ...
Insurance Company of North America (INA) is the oldest capital stock insurance company in the United States, [2] founded in Philadelphia in 1792. It was one of the largest American insurance companies of the 19th and 20th centuries before merging with Connecticut General Life to form CIGNA in 1982, and was acquired by global insurer ACE Limited (currently Chubb Limited) [3] in 1999.