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Business Segments · Health care costs

Health Services — Health care costs

CVS Health Health Services — Health care costs decreased by 6.7% to $1.3B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 24.4%, from $1.05B to $1.3B. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalLower is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026May 6, 2026
Rolls up toMedical costs

How to read this metric

An increase relative to revenue may indicate rising medical inflation or higher utilization of services by members.

Detailed definition

This represents the direct medical and clinical expenses incurred by the segment in providing healthcare services to mem...

Peer comparison

Standard metric for health insurers and managed care organizations to track medical loss ratios.

Metric ID: cvs_segment_health_services_health_care_costs

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$0$0$0$0$401.75M$401.75M$401.75M$401.75M$701M$791M$936M$979M$1.05B$1.1B$1.29B$1.4B$1.3B
QoQ Change+0.0%+0.0%+0.0%+74.5%+12.8%+18.3%+4.6%+6.9%+5.2%+17.3%+8.1%-6.7%
YoY Change+74.5%+96.9%+133.0%+143.7%+49.4%+39.2%+37.9%+42.5%+24.4%
Range$0$1.4B
Avg YoY Growth+71.3%
Median YoY Growth+49.4%

Frequently Asked Questions

What is CVS Health's health services — health care costs?
CVS Health (CVS) reported health services — health care costs of $1.3B in Q1 2026.
How has CVS Health's health services — health care costs changed year-over-year?
CVS Health's health services — health care costs increased by 24.4% year-over-year, from $1.05B to $1.3B.
What does health services — health care costs mean?
The direct costs of providing medical care and clinical services to patients.