Bright Health Group (BHG) Misses Q1 EPS by 8c

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Go back to Bright Health Group (BHG) Misses Q1 EPS by 8c

Bright Health Group Reports First Quarter 2022 Results

May 4, 2022 6:45 AM EDT

Revenue of $1.8 billion, up 109.9% from Q1'21, Adjusted EBITDA loss of $74.8 million, GAAP Net Loss of $180.6 million. Enterprise Medical Cost Ratio of 84.8%, Bright HealthCare Medical Cost Ratio of 83.1%. Bright Health Group has achieved significant scale, serving 1.16 million Bright HealthCare members, with over 530,000 NeueHealth value-based patients. Reaffirming full year 2022 guidance metrics.

MINNEAPOLIS--(BUSINESS WIRE)-- Bright Health Group, Inc. (Bright Health Group or the Company) (NYSE: BHG), the first technology-enabled, Fully Aligned system of care built for healthcare's consumer retail market, today... More