UnitedHealth Group CEO Andrew Witty acknowledged the U.S. health care problems, cited high prices of medical services as root cause.
UnitedHealth Group (UNH) , the largest health insurance provider in the U.S., ended 2024 on a devastating note. The company, which owns UnitedHealthcare and Optum, has been embroiled in massive controversy after UnitedHealthcare CEO Brian Thompson was shot and killed in front of a Hilton hotel in midtown Manhattan last month.
Despite the shocking incident, and subsequent financial loss, the company posted a better-than-expected profit in the final quarter of 2024
FTC stated that the 'Big 3' PBM organisations collectively generated over £5.94 billion ($7.3 billion) in revenue from 2017 to 2022.
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.
UnitedHealthcare has appointed Tim Noel as its new CEO following the fatal shooting of the company’s former leader Brian Thompson in December. Thompson was killed while walking to an investor
UnitedHealth Group is facing a staggering loss in its market value following the former CEO’s sudden murder. The shocking assassination of Brian Thompson last December took the world by storm as all eyes focused on Luigi Mangione — the man who was allegedly responsible for gunning him down.
UnitedHealth Group shares have lost more than $63 billion in value since the murder of UnitedHealth CEO Brian Thompson in early December.
UnitedHealth Group has reported quarterly profits of $5.5 billion after tax in its first earnings release since the killing of UnitedHealthcare CEO Brian Thompson in New York City, which sparked a wider debate about the cost of health insurance and medication for the American public.
UnitedHealth Group (UNH) , the largest health insurance ... was shot and killed in front of a Hilton hotel in midtown Manhattan last month. Those three words are often used to describe tactics ...
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.