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UNH misses Q2 earnings estimates as surging medical costs slash EPS 40%, despite revenue growth and Optum Rx strength.
Months have passed since Mary Barnes had a double mastectomy to treat an “aggressive” form of breast cancer. Now her treatments have been put on hold because of insurance denials.
UHG says it’s confident in its business practices and has begun complying with formal civil and criminal DOJ requests.
Adjusted earnings for the first quarter totaled $7.20 per share on $109.58 billion in revenue. That fell short of Wall Street ...
While revenue is up, profit was just $3.4 billion in the quarter, while Optum was $6.6 billion below earnings expectations.
In the second quarter, UnitedHealth Group UNH delivered 13% revenue growth, but adjusted EPS declined 40%, as its medical ...
While UnitedHealth remained profitable, its operating earnings for the three months fell to $5.2 billion from $7.9 billion in ...
UnitedHealth Group operates a top-tier health insurer (UnitedHealthcare), pharmacy benefit manager (Optum Rx), provider (Optum Health), and health analytics franchise (Optum Insight). Historically, ...
UnitedHealth Group falls short of profit expectations and issues a weak outlook, sending shares down 4%.
Partially a result, Novo Nordisk has steadily declined since last summer. Over the past year, NVO shares are down more than ...
UnitedHealth Group is evaluating all operations, CEO Stephen Hemsley said, and exiting markets where rising medical costs threaten profits.
UnitedHealth Group's stock continued its year-long descent Tuesday after the insurer warned that escalating medical costs will continue to drag down its earnings. Why it matters: The nation's largest ...