UNH Stock Recent News
UNH LATEST HEADLINES
UnitedHealth Group is shutting down its Optum Virtual Care telehealth business. Employees were notified of the shutdown on Thursday (April 18), and some were told that their last day would be in July, Seeking Alpha reported Tuesday (April 24), citing a paywalled article by Endpoints News.
The health tech giant processes 15 billion health transactions a year, and handles health information on about half of all Americans
UnitedHealth Group on Monday said it paid a ransom to cyber threat actors to try and protect patient data.
UnitedHealth Group said on Monday the cyberattack at its technology unit led to a breach of health and personal information, which could cover a 'substantial proportion' of Americans.
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UnitedHealth CEO Andrew Witty will testify before a U.S. House subcommittee on May 1 about a recent cyberattack at the company's technology unit and its impact on patients and providers, the Energy and Commerce Committee said on Friday.
UnitedHealth Group UNH (NYSE: UNH) recently reported its Q1 results, with revenues and earnings exceeding our expectations. The company reported revenue of $99.8 billion and adjusted earnings of $6.91 per share, above our estimates of $99.7 billion and $6.75, respectively.
Change Healthcare's troubles are apparently not over. The company, which is owned by UnitedHealth, said Thursday (April 18) it had fixed an issue that had hindered medical claims processing for some customers, per a report by Reuters.
The recent cyberattack on UnitedHealth Group's Change Healthcare unit cost the company $872 million.
UnitedHealth Group (UNH) first-quarter earnings benefit from strong Optum and UnitedHealthcare business lines. Rising expenses partially offset the positives.