Recapping the headwinds and tailwinds from Q3

For-profit payers and providers have wrapped up yet another round of earnings calls. Insurance executives cited positive signs in the Medicaid space and plenty of policy uncertainty as open enrollment season gets underway, while providers noted softer surgical volumes and ongoing pressure from declining ACA enrollment. Editor Dave Muoio, Senior Reporter Paige Minemyer and Reporter Cailey Gleeson sit down to discuss the key takeaways from third-quarter earnings reports. To learn more about the topics in this episode: Tenet Healthcare sails past Q3 earnings estimates, boosts 2026 guidance Humana pacing ahead of expectations during Medicare enrollment window, CEO says Cigna offers investors a look at its new Lead to One strategy CVS Health plans to split pharmacy business from Aetna, Caremark Community Health Systems logs $86M net loss in Q3, hopes for return of 'pent-up' electives in 2027 UnitedHealth Group execs detail continued improvements at Optum Health HCA Healthcare tops Q3 expectations on strong demand, but warns of persistent payer mix issues Universal Health Services headed for 'lower end' of 2026 guidance after Q3's volume growth, softer m… Why Centene's CEO sees opportunity for 'long-term growth' in Medicaid Elevance Health poised for Medicaid improvements in 2027 See omnystudio.com/listener for privacy information.