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--(BUSINESS WIRE)--UnitedHealthcare Community Plan of Rhode Island has been selected by the State of Rhode Island to serve Medicaid members through the Medicaid Managed Care Services (MMCS) program. UnitedHealthcare has served Rhode Islanders through the MMCS program since 1993; this contract award will continue to provide access to UnitedHealthcare coverage and services through 2030. Rhode Island's MMCS program includes Rite Care, expansion, ABD populations, children in foster care and individ.
UnitedHealth Group (UNH) reported better-than-expected second-quarter 2024 results as it breezed past the Zacks Consensus Estimate on both earnings and revenues.
As UnitedHealth Group Inc.'s stock headed toward a record high on Wednesday, the company's bonds have been selling off following the company's quarterly earnings report early Tuesday.
UnitedHealth Group UNH reported better-than-expected second-quarter earnings on Tuesday.
UnitedHealth Group (UNH) shares surged more than 6% on Tuesday after the health insurance giant topped Wall Street's quarterly earnings estimates and maintained its full-year profit outlook, helping to ease investors' concerns over the financial impact of a February cyberattack on one of its subsidiaries. The stock was the top gainer on the Dow Jones Industrial Average, which soared to a record high on Tuesday.
Nearly half of U.S. adults are struggling to cover the cost of prescription drugs and doctor visits, new research shows, marking a new low for healthcare affordability.
UnitedHealth Group NYSE: UNH has headwinds, but its healthcare business and operational quality offset them, setting the stock to hit new all-time highs. The primary culprit is the recent cyber attacks, which shut down a significant portion of its network and cost more than previously estimated.
Despite its size, the huge insurer managed to post 6% top-line growth. Its bottom-line increase was also quite healthy.
UnitedHealth Group's (UNH) second-quarter earnings continue to be supported by strong Optum and UnitedHealthcare business lines. Rising medical costs partially offset the positives.
The headline numbers for UnitedHealth (UNH) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.