UnitedHealth(US:UNH) 智通财经网·2025-12-01 11:46Core Insights - UnitedHealth Group has agreed to sell its remaining South American business, Banmedica, to Brazilian private equity firm Patria Investments for approximately $1 billion [1] - The deal was signed last Saturday and is expected to be officially announced this week [1] - UnitedHealth has been exiting the Latin American market since 2022, having previously sold its operations in Brazil and Peru [1] Company Strategy - The sale of Banmedica, which operates in Colombia and Chile, has been under negotiation for nearly a year [1] - As of June this year, Banmedica had 1.7 million health insurance members, 7 hospitals, and 47 medical centers [1] - The exit from the region aligns with UnitedHealth's efforts under CEO Stephen Hemsley to reduce distractions and refocus on core operations [1] Financial Impact - UnitedHealth reported a loss of $8.3 billion last year due to the sale of its South American operations, with $7.1 billion attributed to exiting the Brazilian market and $1.2 billion from the Banmedica business [1] - The company raised its annual profit forecast in October and expects to return to growth by 2026 [1]