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Reuters

Reuters

Health

Health

CVS Health's turnaround efforts in focus amid record-high medical costs

Reuters
Summary
Nutrition label

81% Informative

CVS Health investors will closely examine this week turnaround initiatives spearheaded by new CEO David Joyner .

The healthcare conglomerate has missed earnings targets for the last three quarters and withdrawn its annual forecast, causing its shares to slump more than 40% in 2024 .

CVS , like its peers, has faced elevated costs across its Medicare plans for people who are aged 65 and older.

VR Score

90

Informative language

96

Neutral language

69

Article tone

formal

Language

English

Language complexity

62

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Attention-grabbing headline

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Known propaganda techniques

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short-lived

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