In its first results since its insurance unit CEO was fatally shot in New York City, UnitedHealth Group reported Thursday weaker-than-expected fourth-quarter revenue, prompting its shares to fall in early morning trading despite quarterly profit beating projections.
UnitedHealth Group reported $14.4 billion in 2024 profits as its UnitedHealthcare health insurance and Optum provider services overcame rising costs and a cyberattack.
UnitedHealth Group is facing a staggering loss in its market value following the former CEO’s sudden murder. The shocking assassination of Brian Thompson last December took the world by storm as all eyes focused on Luigi Mangione — the man who was allegedly responsible for gunning him down.
UnitedHealth Group CEO Andrew Witty told analysts that the company is positioned well for growth in 2025. This comes just a month after the CEO of its insurance unit was murdered.
UnitedHealth Group beat estimates for fourth quarter profit as the Eden Prairie-based health care giant released its first earnings report since the fatal ambush last month of top executive Brian Thompson in New York City.
Click in for more news from The Hill{beacon} Health Care Health Care The Big Story UnitedHealth CEO blames drug companies for high costsIn his first public remarks since the murder of
UnitedHealth CEO Andrew Witty said on Thursday that healthcare in the U.S. needs to be "less confusing, less complex and less costly" during the company's first earnings call since the murder of Brian Thompson,
International: Shares of the health care giant slid Thursday after it released its first financial report since the brazen shooting of one of its executives outside a New York City hotel touched a national nerve and brought to the surface American frustration over health care access.
The UnitedHealth Group leader whose murder in December unleashed a torrent of public frustration and dissatisfaction with the U.S. health care system was pushing for some of the very improvements that critics have been seeking.
Witty's comments came during the company's first earnings call since the killing of Brian Thompson, the CEO of the company's insurance arm UnitedHealthcare.
U.S. stock indexes drifted lower following a mixed set of earnings reports from Morgan Stanley, UnitedHealth Group and other big companies
UnitedHealth Group ( UNH) held its first earnings call since the shooting of its insurance executive last month. UnitedHealthcare CEO Brian Thompson was killed outside of an investor day meeting in New York City on Dec. 4. Luigi Mangione, 26, of Towson, Md., was arrested for the murder days after the attack.