UnitedHealth Group Shares Fall
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The moves follows Brian Thompson's murder, sharp public criticism, and a major blow to the insurer's stock price.
The healthcare giant is under investigation for possible Medicare fraud, "The Wall Street Journal" had reported.
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UnitedHealth Group CEO Andrew Witty is stepping down from his post for personal reasons and the healthcare giant says it’s suspending its full-year forecast due to higher-than-expected medical costs
Andrew Witty is stepping down as CEO of health care giant UnitedHealth Group in a surprise transition that follows a period of unprecedented turbulence for the nation’s largest health insurer, including the public killing of a company executive and financial woes that only intensified in recent weeks.
UnitedHealth Group announced on Tuesday that its CEO, Andrew Witty, would be stepping down for “personal reasons,” as the nation’s largest health insurer suspended its full-year financial outlook due to surging medical costs.
NEW YORK (AP) — UnitedHealth CEO steps down and largest US health insurer suspends 2025 financial outlook as medical costs rise.
Following the massive cyberattack on UnitedHealth Group's Change Healthcare unit ... an allergist and immunologist with a private practice in New York, shared a similar story.
UnitedHealth Group Inc. cut its annual forecast and reported its first earnings miss in more than a decade, in a foreboding sign that sent shares across the insurance industry tumbling.
UnitedHealth ... Group CEO Andrew Witty wrote in an op-ed that the company wants to continue to push for health care industry reforms following the murder of UnitedHealthcare CEO Brian Thompson ...
UnitedHealth Group has avoided shareholder ... as he was walking on a sidewalk to a company investor conference in New York City. Denials of insurance payment often have the effect of denying ...
UnitedHealth Group said its Chief Executive Andrew Witty resigned as of Tuesday, and the company suspended its annual forecast due to surging medical costs, sending shares plunging nearly 18% to a four-year low.
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