Point32Health reported an adjusted net income of $47.7 million

August 2022|NewsPress Releases

Canton Mass., August 15, 2022 – Point32Health today reported an adjusted net income of $47.7 million for the six months ended June 30, 2022. Adjusted net income includes an operating loss of $25.8 million, taxes of $1.7 million and investment income of $75.2 million, excluding market-to-market investment gains and losses on equity securities, with revenues of $4.9 billion. Membership was 2.2 million. Unrealized losses on equity securities for the six months ended June 30, 2022 were $250.4 million.