In its first results since its insurance unit CEO was fatally shot in New York City, UnitedHealth Group reported Thursday weaker-than-expected fourth-quarter revenue, prompting its shares to fall in early morning trading despite quarterly profit beating projections.
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.
In his first public remarks since the murder of UnitedHealthcare CEO Brian Thompson last month and the backlash against the insurance industry it provoked, Witty said the healthcare conglomerate is looking for ways to simplify and accelerate its prior authorization processes. He did not offer specifics.
Jan. 16 at 1:45 p.m. ETUnitedHealth Group's Optum Rx unit made a commitment to pass through 100% of rebates negotiated with drugmakers to the client. | UnitedHealth Group reported $5.5 billion in profit for the fourth quarter of 2024,
Good morning and welcome to the UnitedHealth Group fourth quarter and full year 2024 earnings conference call. A question-and-answer session will follow the UnitedHealth Group's prepared remarks. As a reminder, this call is being recorded. Here are some important introductory information.
UnitedHealth shares a quarterly report for the first time since the death of insurance unit leader Brian Thompson. A look at the estimates and key items to watch.
UnitedHealth is putting pressure on the 30-stock index Thursday after the insurance giant reported a rare revenue miss. This is what you need to know.
The CEO of UnitedHealth Group said Thursday that shortcomings of America’s health care system must be addressed.
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UnitedHealth has faced a huge loss of $63 billion in market value since the tragic death of CEO Brian Thompson. This colossal loss has raised concerns over the company’s future and its impact on the healthcare industry.
Authorities pursued a large group of motorcyclists as they performed stunts at high speeds in Los Angeles County Thursday night. Two suspects were initially wanted for a traffic violation and refused to pull over,