Anthem posts over 9% rise in quarterly profit on IngenioRx strength

imageStock Markets37 minutes ago (Apr 21, 2021 06:26AM ET)

(C) Reuters. The office building of health insurer Anthem in seen in Los Angeles, California

(Reuters) – Health insurer Anthem Inc on Wednesday posted a 9.3% rise in first-quarter profit, helped mainly by higher revenue from the unit that includes its pharmacy benefits management business, IngenioRx.

Net income attributable to shareholders rose to $1.67 billion, or $6.71 per share, in the quarter ended March 31, from $1.52 billion, or $5.94 per share, a year earlier.

Anthem posts over 9% rise in quarterly profit on IngenioRx strength

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