Indianapolis-based Anthem Inc. (NYSE: ANTM) is reporting first quarter net income of $1.7 billion, up from $1.5 billion during the same period last year. The company says the results reflect strong financial performance and supporting customers through the pandemic.
Anthem says medical enrollment totaled about 43.5 million members for the quarter, an increase of 1.4 million lives, or 3.3% from the prior year quarter. Government Business enrollment increased by 1.8 million lives compared to the prior year quarter, attributable to Medicaid, reflecting organic growth.
“Our results in the first quarter reflect strong execution and a continued focus on supporting our communities through the pandemic,” said Gail Boudreaux, president of Anthem. “We expect the positive momentum in the first quarter to persist through the balance of the year, driven by our commitment to delivering affordable healthcare and innovative solutions for those we serve. At Anthem, we are modernizing our business while transforming into a digitally-enabled platform for health. Our solid performance demonstrates the value we bring to the market and I am confident that we are well positioned to capitalize on future opportunities for growth.”
You can view the full Anthem earnings report by clicking here.