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UnitedHealth Group Shares Fall After WSJ Reports of Investigation for Possible Medicare Fraud
Shares of UnitedHealth Group fell after The Wall Street Journal reported that the Justice Department is investigating the company for possible criminal Medicare fraud. The stock fell 5.1%, to $292.40, in postmarket trading. Through Wednesday's close, shares have lost more than 40% of their value in the past year.
UnitedHealth Group CEO Andrew Witty has stepped down unexpectedly and company veteran Stephen Hemsley is returning to the top ...
In addition to the slaying of Thompson, UnitedHealth has faced a devastating cyberattack that crippled its tech unit and heightened regulatory scrutiny including multiple Justice Department ...
(Reuters) -UnitedHealth Group is demanding that healthcare providers repay the loans they received from the company after a cyberattack at its tech unit Change Healthcare last year, according to ...
In this May 1, 2024, file photo, UnitedHealth CEO Andrew Witty testifies before a Senate Finance Committee hearing about a recent cyberattack at the company's technology unit and its impact on ...
UnitedHealth (UNH) faces a class action lawsuit for allegedly hiding impacts of backlash tied to CEO Brian Thompson's death ...
Amid the personnel change, UnitedHealth’s stock has declined by almost 50 percent over the past month, according to the Journal. The company faced a slew of setbacks last year as well, including a ...
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