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UnitedHealth Group Incorporated is an ... discussing the apparent backdating of hundreds of millions of dollars worth of ... over half of its net income of $17 ...
Burke founded UnitedHealth Group and played a significant role in the development of the HMO and Physicians Health Plan (PHP) while he worked at InterStudy, a think tank focused on health care with Dr. Paul M. Ellwood Jr. [3] [4] [5] Burke took the view that healthcare should be economized and hospital admissions should be limited, sometimes at the protest of doctors.
As announced in the third quarter earnings release, UnitedHealth 2024 net earnings are expected to be $15.50 to $15.75 per share and adjusted net earnings $27.50 to $27.75 per share.
In 2023, Witty's total compensation from UnitedHealth Group was $23.5 million, representing a CEO-to-median worker pay ratio of 352-to-1. [29] On 15 May 2024, a class action lawsuit was brought by the City of Hollywood Firefighters’ Pension Fund alleging that Witty and two other UnitedHealth Group executives were involved in insider trading ...
A cyberattack against a UnitedHealth Group subsidiary, Change Healthcare, in February has already cost the company more than $1 billion. But before the attack, CEO Andrew Witty realized $25 ...
(Reuters) -UnitedHealth Group said on Tuesday it expects the hack of its Change Healthcare unit to cost the company up to $1.6 billion this year but maintained its 2024 earnings forecast ...
Brian Robert Thompson [1] [2] (July 10, 1974 – December 4, 2024) was an American businessman who was the chief executive officer (CEO) of UnitedHealthcare, the insurance arm of UnitedHealth Group, from April 2021 until his killing in December 2024.
UnitedHealth is the first to report earnings every quarter, and many analysts see it as a bellwether for rivals. Shares of Minnetonka, Minnesota-based UnitedHealth Group Inc. fell more than 4% to ...