Canton, Mass., August 15, 2023 – Point32Health today reported an adjusted net loss of $51.4 million for the six months ended June 30, 2023. Adjusted net income includes an operating loss of $102.7 million and investment income of $51.3 million, excluding mark-to-market investment gains and losses on equity securities, with revenues of $4.8 billion. Membership was 2 million. Unrealized gains on equity securities for the period were $43.3 million.

“Our operating results for the first six months of this year represent headwinds related largely to the cyber incident that are transient and one time in nature,” said Scott Walker, chief financial officer at Point32Health. “Our company remains in a solid financial position with strong risk based capital and resilient colleagues.  We remain confident in our strategic direction and are building momentum.”