Bright Health Group (BHG) Misses Q3 EPS by 34c

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Bright Health Group Reports Third Quarter 2021 Results

November 11, 2021 7:00 AM EST

Bright Health Group continues to produce significant growth, with total GAAP Revenues of $1,079 million, up 206% from Q320. Bright HealthCare end-of-year Membership guidance raised to 700,000, up nearly 8% from previous guidance, driving Bright Health Group 2021 Revenue guidance to the top of prior range, now between $4.1 and $4.2 Billion. Year-to-date Bright Health Group Medical Cost Ratio of 90.3% inclusive of 420 bps of Covid impact. NeueHealths fully aligned model continues to drive differentiated performance in key markets.

MINNEAPOLIS--(BUSINESS WIRE)-- Bright Health Group, Inc. (Bright Health or the Company) (NYSE: BHG), a... More