Bright Health Group (BHG) Q2 Revenues Rise 275% to $1.11B

Bright Health Group (NYSE: BHG) reported Q2 EPS of ($0.28), versus ($0.13) reported last year. Revenue for the quarter came in at $1.14 billion, versus $297 million reported last year.

“We began our journey as a public company with strong second quarter results, demonstrating significant growth across both NeueHealth, our personalized care delivery business, and Bright HealthCare, our healthcare financing and distribution business,” said Mike Mikan, President and CEO of Bright Health Group. “We are focused on changing healthcare in America for consumers and our Care Partners through our alignment model which has shown to make healthcare more personal, simple, and affordable. Bright Health remains focused on growing and diversifying our business and is excited to continue to bring our differentiated model to more communities across the country.”

GUIDANCE:

Bright Health Group sees FY2021 revenue of $4-4.2 billion.

For earnings history and earnings-related data on Bright Health Group (BHG) click here.

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