Bright Health Group, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 09, 2023 at 06:48 am EDT
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Bright Health Group, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was USD 297.98 million compared to USD 149.34 million a year ago. Net loss was USD 112.83 million compared to USD 274.67 million a year ago. Basic loss per share from continuing operations was USD 8.55 compared to USD 13.68 a year ago. Basic loss per share was USD 15.7 compared to USD 36.13 a year ago.
For the six months, revenue was USD 598.53 million compared to USD 330.1 million a year ago. Net loss was USD 287.84 million compared to USD 469.9 million a year ago. Basic loss per share from continuing operations was USD 17.59 compared to USD 32.14 a year ago. Basic loss per share was USD 39.35 compared to USD 62.11 a year ago.
NeueHealth, Inc. is a value-driven healthcare company. The Companyâs segments include NeueCare and NeueSolutions. NeueCare segment is a value-driven care delivery business that manages risk in partnership with external payors and serves all populations across the ACA Marketplace, Medicare, and Medicaid. NeueCare delivers in-person and virtual clinical care through its 73 owned primary care clinics within an integrated care delivery system. Its integrated system of care includes embedded pharmacy, laboratory, radiology, and population health focused specialty services. It offers a one-stop-shop for consumers providing primary care, behavioral health, rotating specialties, pharmacy, radiology, and laboratory services, many times at a single location. NeueSolutions segment is a provider enablement business that includes a suite of technology, services, and clinical care solutions that empower providers. NeueSolutions serves approximately 62,000 value-based care consumers.
NEUEHEALTH, INC. 
