Growth And ExpansionCarelon Services grew impressively with new business wins and expansion of risk-based services to existing customers, and the company sees a long runway for growth.
Market OpportunitiesRecent investments across BioPlus, Paragon Healthcare, and Kroger Specialty Pharmacy should jumpstart its Specialty Pharmacy offering, a $400B market that is larger and growing faster than Medicare Advantage.
Revenue And Earnings PerformanceCarelon Services performed exceptionally strong, exceeding revenue and earnings forecast by 10% and 17%, respectively.