(two) GAAP diluted earnings for each share and Modified EPS, respectively, are calculated by dividing Web revenue attributable to CVS Health and adjusted cash flow attributable to CVS Overall health by the Company's weighted regular diluted shares fantastic. The Company defines adjusted cash flow attributable to CVS Health as net cash flow attributable to CVS Health and fitness (GAAP evaluate) excluding the impact of amortization of intangible assets, net realized capital gains or losses together with other items, if any, that neither relate towards the regular study course of the corporation's business nor reflect the organization's fundamental organization functionality, for instance acquisition-relevant transaction and integration costs, restructuring prices, office real estate property optimization expenses, losses on belongings held available for purchase, opioid litigation rates, gains/losses on divestitures, and also the corresponding revenue tax profit or cost associated with the goods excluded from altered cash flow attributable to CVS Health and fitness and specified discrete tax goods.
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(3) Health-related advantage ratio is calculated by dividing the Wellness Treatment Advantages section's well being care costs by top quality revenues and signifies the percentage of top quality revenues expended on medical Positive aspects with the segment's insured associates. Management takes advantage of MBR to evaluate the fundamental company general performance and underwriting of its insurance coverage products and solutions, understand variances amongst genuine effects and envisioned benefits and discover traits in period of time-over-period of time success.
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CEO Commentary "Having a target offering treatment and value, we had a strong fourth quarter and total calendar year in 2023 as we develop a entire world of health and fitness around every buyer.
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Cautionary assertion about forward-searching statements The Private Securities Litigation Reform Act of 1995 presents a secure harbor for forward-searching statements produced by or on behalf of CVS Health and fitness Company. Statements In this particular press launch which have been forward-searching include, but are usually not limited to, Ms. Lynch's quotation, the information under the headings "2024 Whole-12 months advice" and "Inside the Highlight" and the information A part of the reconciliations and endnotes. By their nature, all ahead-looking statements are usually not ensures of future general performance or benefits and are subject matter to risks and uncertainties that are challenging to forecast and/or quantify.