unitedhealth

UnitedHealth says deferred care demand not as high as feared, shares rise

Reuters0

By Amruta Khandekar and Bhanvi Satija (Reuters) -UnitedHealth Group Inc on Thursday modestly raised its 2022 profit forecast, saying demand for healthcare procedures deferred during the pandemic was approaching normal levels but had not increased as feared. Shares of the largest U.S. health insurer rose as much as 3% to touch a record high of $553.29 in early trading before slipping back to $542.86, up 1%. While the company has seen pressure on earnings from costs related to COVID-19 testing and treatment, some of that was offset by people avoiding non-urgent care during the pandemic. And some U.S. hospitals were

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UnitedHealth, Change Healthcare extend closure of merger deal by 9 months

Reuters0

(Reuters) -UnitedHealth Group Inc and Change Healthcare have agreed to extend the closing date of their merger by another nine months to Dec. 31, the companies said on Tuesday, more than a month after the U.S. Justice Department sued to stop the deal. Under the latest extension terms, UnitedHealth’s Optum unit, which offers healthcare data analytics services, will pay a $650 million fee to Change if the deal is not completed due to the court’s decision, which is expected after a two-week trial scheduled to begin on Aug. 1. UnitedHealth announced its $8 billion acquisition of Change Healthcare in January

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