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Tuesday, January 10, 2023

Bright Health ups revenue guidance

 

  • Increases 2023 Enterprise Revenue guidance to $3.4 - $3.6 billion on higher-than-expected attributed value-based consumers, greater than 30% year-over-year Revenue growth at the midpoint excluding the ACA Marketplace Insurance business

  • Strong California Medicare Advantage enrollment during AEP; reaffirms guidance for 125K+ end of year 2023 consumers

  • Reaffirms guidance for Adjusted EBITDA profitability in 2023

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