The hottest Profits Substack posts right now

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AS Roma Finances 2022/23

The Swiss Ramble • 137 implied HN points • 25 Jan 24
💰 Finance Profits
  1. Roma's pre-tax loss halved at €99m in 2022/23 season.
  2. Roma's revenue increased with match day revenue almost doubling.
  3. Despite improvement, Roma's pre-tax loss was still the second highest in Serie A.

What I'm Reading: Cigna's 2022 earnings; ProPublica's prior authorization series

HEALTH CARE un-covered • 199 implied HN points • 03 Feb 23
🏥 Health Politics Profits
  1. Insurance companies like Cigna are making a lot of money by acting as middlemen in the drug supply chain, especially after acquiring pharmacy benefit managers.
  2. Cigna's profits increased significantly in 2022, partly because they paid out less for medical claims compared to previous years.
  3. Instead of lowering costs for customers, Cigna is using its profits to buy back its own stock, which primarily benefits shareholders.

While UnitedHealth reports $24 Billion in profits, Americans faced 200% increases in out-of-pockets over last decade

HEALTH CARE un-covered • 259 implied HN points • 21 Jan 22
🏥 Health Politics Profits
  1. UnitedHealth made a record profit of $24 billion, which is the highest ever for any U.S. insurer. This raises concerns about how the company is managing its resources while also charging customers more.
  2. Americans have seen their healthcare costs skyrocket, with out-of-pocket expenses increasing by 200% over the last decade. This means people are paying much more for healthcare, even when they have insurance.
  3. Health insurance premiums and deductibles now take a larger share of people's incomes, affecting families in many states. Many insured people are still struggling to afford care due to higher costs.
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Are you paid what you're worth?

Economic Forces • 5 implied HN points • 18 Jan 24
💼 Business Profits
  1. Everyone thinks they're underpaid and overpay for things.
  2. Louis Makowski and Joseph Ostroy developed tools to evaluate value and marginal product.
  3. In competitive markets, profits match marginal product contributions, leading to efficiency.

UnitedHealth made far more money over the last three months than Wall Street expected.

HEALTH CARE un-covered • 0 implied HN points • 15 Jul 21
💼 Business Profits
  1. UnitedHealth made more money than Wall Street expected, leading to higher stock prices. This was good news for the company's shareholders.
  2. Despite losing private sector customers, UnitedHealth's profits grew significantly due to increased government program revenue, especially from Medicare and Medicaid.
  3. The company has been consistently beating profit expectations over the past two years, leading to optimism about its financial future.