Clover Health Investments (CLOV) Reports Q2 Net Loss of 104.2M

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Go back to Clover Health Investments (CLOV) Reports Q2 Net Loss of 104.2M

Clover Health Reports Second Quarter 2022 Financial Results

August 8, 2022 4:08 PM EDT

Second quarter total revenue was $846.7 million compared to $412.5 million in second quarter 2021

Lives under Clover Management grew to ~255,000 from ~129,000 year-over-year

Second quarter Insurance (Medicare Advantage) Medical Care Ratio ("MCR") of 92.1% shows significant improvement year-over-year

FRANKLIN, Tenn., Aug. 08, 2022 (GLOBE NEWSWIRE) -- Clover Health Investments, Corp. (NASDAQ: CLOV) ("Clover," "Clover Health" or the "Company"), a physician enablement company committed to improving health equity for seniors, today reported financial results for the second quarter of 2022. Management will... More