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United States

UnitedHealth Group Inc (UNH.N)

UNH.N on New York Stock Exchange

158.66USD
20 Jan 2017
Change (% chg)

$-0.04 (-0.03%)
Prev Close
$158.70
Open
$158.96
Day's High
$159.77
Day's Low
$157.84
Volume
1,672,225
Avg. Vol
1,125,064
52-wk High
$164.00
52-wk Low
$108.87

Latest Key Developments (Source: Significant Developments)

Surgical care affiliates Optumcare to combine
Monday, 9 Jan 2017 05:55am EST 

Surgical Care Affiliates Inc : Surgical Care Affiliates (sca), optumcare to combine . Surgical Care Affiliates Inc - deal for $57.00 per share. . Surgical Care Affiliates Inc - acquisition to be funded between 51 percent and 80 percent with UnitedHealth Group common stock . Surgical Care - deal expected to be neutral to unitedhealth group's outlook for adjusted net earnings per share in 2017 and modestly accretive in 2018 . Surgical Care Affiliates Inc - deal expected to be neutral to unitedhealth group's outlook for adjusted net earnings per share in 2017 . Surgical Care Affiliates Inc - some portion of acquisition to be funded in cash .Surgical Care Affiliates Inc - agreement with optumcare calls for acquisition of sca's outstanding common stock.  Full Article

Tenet and UnitedHealthcare renew national relationship
Friday, 2 Dec 2016 04:45pm EST 

Tenet Healthcare Corp : Tenet and UnitedHealthcare renew national relationship . Tenet Healthcare Corp says co and UnitedHealthcare have renewed their "national relationship" for four years .New agreement will go into effect on August 1, 2017, and includes a value-based care component.  Full Article

CVS Health says Optumrx and CVS Pharmacy enter strategic partnership
Tuesday, 29 Nov 2016 08:43am EST 

CVS Health Corp : CVS Health - Optumrx and CVS Pharmacy partner to expand consumer choice, reduce costs and improve health outcomes . CVS Health - Optumrx clients and members will now have more choices for filling 90-day prescription options at pharmacies nationwide .CVS Health- expect new 90-day pharmacy solution to be available to Optumrx commercial clients implementing new 90-day prescription benefit designs, from July 1, 2017.  Full Article

UnitedHealth spokesman confirms plan to cover Sarepta's Exondys 51
Friday, 7 Oct 2016 02:28pm EDT 

UnitedHealth Group Inc : UnitedHealth spokesman confirms plans to cover Sarepta Therapeutics Inc's muscular dystrophy drug Exondys 51. (Reporting by Caroline Humer) ((caroline.humer@thomsonreuters.com;)).  Full Article

Fitch affirms UnitedHealth Group outlook remains negative
Wednesday, 10 Aug 2016 05:07pm EDT 

UnitedHealth Group Inc :Fitch affirms UnitedHealth Group; outlook remains negative.  Full Article

UnitedHealth expects 750,000 members in Obamacare exchange plans
Tuesday, 19 Jul 2016 09:25am EDT 

UnitedHealth Group Inc : UnitedHealth says expects 750,000 members in Obamacare exchange plans by year end . UnitedHealth says exchange costs were higher than expected because of increased severity of customer chronic conditions like diabetes versus year ago . UnitedHealth says exchange attrition has been lower than expected . Makes comments during financial results conference call Further company coverage: [UNH.N] (Reporting By Caroline Humer) ((caroline.humer@thomsonreuters.com;)).  Full Article

UnitedHealth Group reports Q2 adj EPS $1.96
Tuesday, 19 Jul 2016 05:55am EDT 

UnitedHealth Group Inc : Unitedhealth Group reports second quarter results . Q2 adjusted earnings per share $1.96 . Q2 earnings per share view $1.89 -- Thomson Reuters I/B/E/S . Sees FY 2016 GAAP earnings per share $7.25 to $7.40 . Q2 GAAP earnings per share $1.81 . Narrowed outlook for 2016 GAAP net earnings to a range of $7.25 to $7.40 per share . Consolidated medical care ratio increased 30 basis points to 82.0 percent in q2 . Says company's debt to total capital ratio was 47.8 percent at June 30, 2016, down from 48.7 percent at year end 2015 . Q2 operating margin decreased 90 basis points, primarily due to $200 million in aca-compliant individual product losses beyond projections . FY2016 earnings per share view $7.89 -- Thomson Reuters I/B/E/S . Q2 2016 revenues grew 28 percent or $10.2 billion year-over-year to $46.5 billion . Says consolidated medical care ratio increased 30 basis points to 82.0 percent in Q2 . Narrowed outlook for 2016 adjusted net earnings to a range of $7.80 to $7.95 per share . Unitedhealthcare's stand-alone medicare part d program served 4.9 million people at June 30, 2016, a decrease of 135,000 people year-over-year .Q2 revenue view $45.04 billion -- Thomson Reuters I/B/E/S.  Full Article

American Renal Associates receives complaint by UnitedHealth affiliates
Tuesday, 5 Jul 2016 06:59am EDT 

American Renal Associates: Says on July 1, 2016, received a complaint filed by three affiliates of UnitedHealth Group Inc in Florida - SEC filing . Complaint identifies about $1.9 million of payments made to 12 of co's facilities that united claims were "improper" . Says complaint seeks monetary damages and injunctive relief .Complaint relates to 27 patients who have received dialysis at 12 ARA facilities in Florida and Ohio.  Full Article

Unitedhealth Group says John Rex will receive a base salary of $800,000
Thursday, 9 Jun 2016 05:40pm EDT 

Unitedhealth Group Inc :John Rex will receive a base salary of $800,000.  Full Article

Unitedhealth Group appoints John Rex as chief financial officer
Thursday, 9 Jun 2016 04:52pm EDT 

Unitedhealth Group Inc : John Rex, formerly executive vice president, CFO, Optum, has been appointed chief financial officer of unitedhealth group . John Rex, succeeds David S. Wichmann who will now devote his full energy and attention to his duties as president of company . Rex has also been named a member of office of chief executive. .Tami reller, currently executive vice president and chief marketing officer of optum, has been named cfo, optum.  Full Article

UnitedHealth accused of failing to cover breastfeeding benefits

UnitedHealth Group Inc has been hit with a proposed class action accusing it of failing to cover healthcare services related to breastfeeding, violating the Affordable Care Act.