In the latest quarter, higher costs were felt across the company’s vast health insurance operations.
Category: UnitedHealth Group Inc
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UnitedHealth Grew to Be a Leviathan. Then Came the Backlash.
The conglomerate was viewed as one of the most successful companies in America, but patients are enraged and investors have lost faith in its business model.
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UnitedHealth Grew to Be a Leviathan. Then Came the Backlash.
The conglomerate was viewed as one of the most successful companies in America, but patients are enraged and investors have lost faith in its business model.
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UnitedHealth Will Cooperate With Federal Probe of Its Medicare Billing Practices
On Thursday, the giant health care conglomerate announced that it had “proactively reached out” to the Justice Department, after reports of a government investigation had surfaced.
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Heath Insurers Are Denying More Drug Claims, Data Shows
Offering a rare glimpse inside the hidden world of rejected insurance claims, new data shows a steady uptick among major private insurers.
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Andrew Witty, UnitedHealth Group C.E.O., Steps Down
The company said that Mr. Witty had left the job for personal reasons. Stephen Hemsley, the company’s executive chairman, will replace him.
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UnitedHealth’s Move to End Cyberattack Loan Lifeline Upsets Medical Providers
The company lent roughly $9 billion to practices affected by a vast cyberattack on its payment systems last year. Medical practices are now suing the health care colossus, saying it is pressuring them to repay funds.
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Dr. Oz: How His Millions Collide With Medicare
The TV celebrity and Trump nominee has pledged to divest from most of his financial interests. But they touch nearly every corner of health care, from insurance to blood pressure cuffs and vitamins, leading experts and lawmakers to doubt he could make impartial decisions.
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UnitedHealthcare Announces New C.E.O.
The health insurer named Tim Noel, a longtime employee of its parent company, for the job. The previous chief executive, Brian Thompson, was killed in Manhattan.
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UnitedHealth’s Revenues Rise, in First Earnings Report Since CEO’s Killing
But high medical costs contributed to results that disappointed Wall Street, and the company’s stock fell on the news that it had made less than analysts expected.