UnitedHealth, CVS Among Major Insurers To Fast-Track Prior Authorizations: Will It Cut Profits Even More?
1. CVS and others streamline prior authorization to reduce delays in patient care. 2. Planned changes may boost patient care access but challenge insurer profits. 3. Healthcare stocks, including CVS, have underperformed relative to tech since 2008. 4. Analysts forecast a rebound for undervalued healthcare stocks, averaging 17% upside. 5. CVS seeks to connect patients faster, impacting operational dynamics and profitability.