Large-scale attacks on health providers expose the data of millions of Americans each year. Consumers must remain vigilant, experts say.
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UnitedHealth Group says the impact from the cyberattack last year at its Change Healthcare subsidiary is much wider than previously understood, affecting
In his first public comments since one of his executives was shot to death, UnitedHealth Group CEO Andrew Witty said the healthcare system “needs to function better.”
UnitedHealth Group reported $14.4 billion in 2024 profits as its UnitedHealthcare health insurance and Optum provider services overcame rising costs and a cyberattack.
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The financial fallout has been severe. Profits for the company dropped by over a third in 2024, falling from around $22.3 billion in 2023 to approximately $14.4 billion last year. The projected total cost of recovery and remediation efforts is estimated to be between $2.3 billion and $2.5 billion.
UnitedHealth reported fourth-quarter results on Thursday that reflected persistent challenges for the health insurance sector.
UnitedHealth Group Inc.'s $69 million class settlement over the Wells Fargo & Co. target date funds offered by its 401(k) plan received initial court approval.
All Minnesota locations are now closed as leaders at the Eden Prairie-based health care giant cite a strategy shift to full-service clinics.
UnitedHealth Group Inc (UNH) stock saw a modest uptick, ending the day at $543.52 which represents a slight increase of $11.01 or 2.07% from the prior close of $532.51. The stock opened at $539.98 and touched a low of $539.
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.