Bright Health Group (BHG) Misses Q2 EPS by 13c

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Go back to Bright Health Group (BHG) Misses Q2 EPS by 13c

Bright Health Group Reports Second Quarter 2022 Results

August 10, 2022 6:45 AM EDT

Revenue of $1.6 billion, up 41.5% from Q2'21, GAAP Net Loss of $251.3 million, Adjusted EBITDA Loss of $194.9 million Enterprise Medical Cost Ratio of 88.8% Reaffirming 2022 Consolidated Revenue, MCR, and Adjusted EBITDA guidance

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 reported financial results for its Second Quarter ended June 30, 2022.

Bright Health Group has made significant progress this year on reducing medical costs, accurate risk adjustment... More