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This metric delivers administration and buyers with information and facts helpful in comprehending the effects of medical membership to the Health and fitness Care Rewards section's total revenues and running effects.
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(five) Pharmacy claims processed signifies the amount of prescription promises processed from the Company's pharmacy Added benefits manager and dispensed by both its retail network pharmacies or the Company's mail and specialty pharmacies. Prescriptions stuffed signifies the number of prescriptions dispensed in the Pharmacy & Purchaser Wellness segment's retail and prolonged-term care pharmacies and infusion companies operations.
(Unaudited) The corporation's segments retain separate monetary information and facts, and the corporate's chief running selection maker (the "CODM") evaluates the segments' functioning benefits regularly in determining how you can allocate methods among the segments and in evaluating section general performance. The CODM evaluates the functionality of the Company's segments dependant on adjusted working profits. Altered operating cash flow is described as functioning earnings (GAAP measure) excluding the affect of amortization of intangible belongings as well as other things, if any, that neither relate to your everyday program of the organization's small business nor mirror the corporation's fundamental business enterprise general performance as further described in endnote (one).
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The corporate uses altered operating money as its principal measure of section performance since it boosts the organization's skill to compare previous economical efficiency with present-day overall performance and review fundamental business efficiency and tendencies. The consolidated evaluate is not determined in accordance with GAAP and should not be regarded a substitute for, or remarkable to, probably the most immediately similar GAAP measure, consolidated working revenue. See "Non-GAAP Fiscal Facts" previously With this push release for additional details regarding the products excluded from consolidated operating income in determining consolidated altered running cash flow.
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In the initially quarter of 2023, an additional reduction on assets held for sale was recorded to put in writing down the carrying price of the LTC enterprise to the corporation's greatest estimate of the last word selling price tag which mirrored its believed fair worth a lot less costs to market. As of September thirty, 2023, the corporation determined the LTC enterprise no more fulfilled the standards for held-for-sale accounting and, appropriately, The online belongings affiliated with the LTC company have been reclassified to held and utilised at their respective truthful values. Over the calendar year finished December 31, 2022, the reduction on property held available for sale also relates to the business's Worldwide wellness care company domiciled in Thailand ("Thailand company"), which was included in the Professional Business enterprise reporting device while in the Overall health Care Advantages phase. The sale with the Thailand small business closed in the 2nd quarter of 2022, and the last word loss on the sale wasn't content.
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