By Michael Erman NEW YORK (Reuters) -The U.S. government said on Tuesday that it will accelerate Medicare and Medicaid payments to some hospitals hurt by the hack at UnitedHealth’s technology unit Change Healthcare. Still, U.S. doctors’ group the American Medical Association (AMA) said the support did not go far enough to protect individual physician practices […]
Tag: UnitedHealth
UnitedHealth shares tumble after report of antitrust investigation
(Reuters) – UnitedHealth Group shares fell more than 5% on Wednesday following a report that the U.S. Department of Justice has launched an antitrust investigation into the healthcare conglomerate. At $485.98, more than $25 billion was set to be wiped out in market value, a day after about $11 billion was erased following the report […]
UPDATE 2-US launches antitrust investigation into UnitedHealth, WSJ reports
(Adds probe details and background throughout, DoJ response in paragraph 7) Feb 27 (Reuters) – The U.S. Department of Justice has launched an antitrust investigation into UnitedHealth Group , the Wall Street Journal reported on Tuesday, citing people with knowledge of the matter. Investigators have in recent weeks been interviewing healthcare industry representatives in sectors […]
Humana, UnitedHealth, and CVS Health Stock Fall on Medicare Advantage Concerns
Healthcare By Josh Nathan-Kazis Jan 18, 2024, 3:29 pm EST Share Reprints In this article UNH HUM SPX CI America’s health insurance giants have gone all-in on the government-funded Medicare Advantage program over the past decade, reshaping their businesses to capture the profits it promised. Continue reading this article with a Barron’s subscription. View Options
UnitedHealth shares tumble after health care giant reports soaring medical costs in 4Q
UnitedHealth Group turned in a better-than-expected fourth quarter even as medical costs soared 16% for the health care giant. Shares of UnitedHealth and other major health care and insurance providers slipped in early trading Friday after the company announced results. UnitedHealth is the first to report earnings every quarter, and many analysts see it as […]
UnitedHealth Earnings Beat But Costs Run High; UNH Stock Falls
UnitedHealth Group (UNH), the Dow Jones health care giant, comfortably topped fourth-quarter estimates early Friday but said medical costs as a share of premiums ran above analyst expectations. UNH stock, a laggard in this rally, like most of its defensive-oriented industry group, fell in early stock market action. X UnitedHealth Earnings Estimates:Â Analysts expect fourth-quarter UnitedHealth […]