jetcityimage Investment Thesis UnitedHealth (NYSE:UNH) currently holds a 15% market share within the U.S. healthcare industry making it the largest company within the healthcare sector. The industry itself is very top-heavy where the top five companies control over half of the market. This consequently has given UNH pricing power due to their scale which has led to increased revenue through the previous years. Its Optum segment, consisting of Optum Health, Optum Insight, and Optum Rx is expected to driv ...

UnitedHealth Group (UNH) closed the most recent trading day at $487.05, moving -0.77% from the previous trading session. The stock's performance was behind the S&P 500's daily gain of 0.63%. Meanwhile, the Dow gained 0.2%, and the Nasdaq, a tech-heavy index, added 0.82%.Shares of the largest U.S. health insurer have depreciated by 5.89% over the course of the past month, underperforming the Medical sector's gain of 0.91% and the S&P 500's gain of 1.76%.Market participants will be closely following the finan ...

UnitedHealth Group said Monday that it's paid out more than $2 billion to help health-care providers who have been affected by the cyberattack on subsidiary Change Healthcare."We continue to make significant progress in restoring the services impacted by this cyberattack," UnitedHealth CEO Andrew Witty said in a press release. "We know this has been an enormous challenge for health care providers and we encourage any in need to contact us."UnitedHealth disclosed nearly a month ago that a cyber threat actor ...

jetcityimage UnitedHealth Group Inc. (NYSE:UNH) is a managed healthcare firm that provides health insurance, pharmacy benefit management, and care delivery to millions of clients. Founded in 1974, UnitedHealth is now a $439 billion (by market cap) healthcare behemoth that employs approximately 440,000 people. The company reports results across two primary business segments: UnitedHealthcare, 55% of FY 2023 revenue; and Optum, 45%. UnitedHealthcare primarily provides risk-based, fee-based health insurance (v ...

--(BUSINESS WIRE)--UnitedHealth Group (NYSE: UNH) continues to make progress in mitigating the impact to consumers and care providers of the unprecedented cyberattack on the U.S. health system and the Change Healthcare services, while continuing to expand financial assistance to affected providers. Today Change Healthcare will begin releasing medical claims preparation software, an important step in the resumption of services. This will be made available to thousands of customers over the next several da ...

--(BUSINESS WIRE)--UnitedHealth Group (NYSE: UNH) will release its first quarter 2024 financial results on Tuesday, April 16, 2024, before the market opens, and will host a teleconference at 8:45 a.m. ET to discuss the results with analysts and investors. This call will be webcast on the Investor Relations page of the company’s website (www.unitedhealthgroup.com). The replay will be available through April 30 on the website. About UnitedHealth Group UnitedHealth Group (NYSE: UNH) is a health care and well ...

The ransomware attack on UnitedHealth's Change Healthcare subsidiary last month not only brought to light how attractive the data-rich U.S. health-care industry is to hackers and how devastating the consequences for patients and doctors, but also how sophisticated cyber criminals are becoming when targeting vulnerable sectors.The breach, which took place more than three weeks ago, prompted the U.S. Department of Health and Human Services this week to launch an investigation into UnitedHealth. In a statement ...

UnitedHealth Group (UHG) reported Thursday (March 14) that some critical services are back online at its subsidiary Change Healthcare, which has been dealing with a cyberattack on its claims and payment infrastructure. In a Thursday update on a UHG page devoted to the Change Healthcare cyber response, Wendi Whitmore, senior vice president, Unit 42 at Palo Alto Networks, a cybersecurity firm, said that firm has experts on the ground, working with UHG and its partners to restore operations.“To date, we have r ...

UnitedHealth Group’s (UNH) revenue and payment cycle management subsidiary, Change Healthcare, was rocked by a cyberattack last month. The healthcare industry has been facing a formidable challenge following the incident.The attack on UnitedHealth brought a critical component of the healthcare payment processing infrastructure to a halt, affecting the flow of billions of dollars for healthcare providers, insurers and pharmacies. This paralysis has plunged numerous clinics into financial distress, with some ...

ToplineUnitedHealth Group and its subsidiary Change Healthcare will be investigated by a federal agency over last month's cyber attacks that may have breached patient data—the latest fallout from what the department called an “unprecedented” attack on the U.S. healthcare system.Pages from the United Healthcare website are displayed on a computer screen, Feb. 29, 2024, in New ... [+] York. Federal civil rights investigators are looking into whether protected health information was exposed in a recent cyberat ...