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 Group CEO Andrew Witty said on Thursday the company is confident it will be able to grow its business in fiscal year 2025. His optimism comes shortly after the head of its insurance unit was gunned down in New York City,
In his first public remarks since the murder of UnitedHealthcare CEO Brian Thompson last month and the backlash against the insurance industry it provoked, Witty said the healthcare conglomerate is looking for ways to simplify and accelerate its prior authorization processes. He did not offer specifics.
But high medical costs contributed to results that disappointed Wall Street, and the company’s stock fell on the news that it had made less than analysts expected.
UnitedHealth Group CEO Andrew Witty acknowledged the U.S. health care problems, cited high prices of medical services as root cause.
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.
Jan. 16 at 1:45 p.m. ETUnitedHealth Group's Optum Rx unit made a commitment to pass through 100% of rebates negotiated with drugmakers to the client. | UnitedHealth Group reported $5.5 billion in profit for the fourth quarter of 2024,
The CEO of UnitedHealth Group said Thursday that shortcomings of America’s health care system must be addressed.
Pharmacy benefit managers actually "play a vital role in holding" sometimes-inflated prices down, said UHG CEO Andrew Witty in an earnings call.
MEMPHIS, Tenn. — A 10th-grade student at Raleigh-Egypt High School died on Monday, according to sources. The student was identified as Cornelius Perry. During a Wednesday board meeting, the Memphis Shelby County School Board had a moment of silence in honor of Perry. They said Perry died after collapsing after school. His cause of death […]
Good morning and welcome to the UnitedHealth Group fourth quarter and full year 2024 earnings conference call. A question-and-answer session will follow the UnitedHealth Group's prepared remarks. As a reminder, this call is being recorded. Here are some important introductory information.