UnitedHealth Group Inc

U.S. health insurer UnitedHealth Group Inc named the head of its Optum unit, Andrew Witty, as its new chief executive officer, replacing David Wichmann, who has been at the helm for just over three years.

U.S. health insurer UnitedHealth Group Inc said on Thursday David Wichmann will retire as its chief executive officer.

* UNITEDHEALTH CFO SAYS HEALTHCARE USE RETURNED TO SEASONAL LEVELS DURING THE FOURTH QUARTER

UnitedHealth Group Inc on Wednesday reported higher-than-expected fourth-quarter profit, as medical costs came in lower than Wall Street estimates even with increased spending related to the surge in COVID-19 cases in December.

Health insurer UnitedHealth Group Inc beat quarterly profit estimates for the fourth quarter on Wednesday, helped partly by lower-than-expected medical costs due to fewer elective surgeries as hospitals made room for COVID-19 patients.

Health insurer UnitedHealth Group Inc said on Wednesday its quarterly profit fell 37.5%, weighed by costs related to its programs to make COVID-19 testing and treatment more accessible for its customers.

Mylan Inc and a group of pharmacy benefit managers have lost a bid to dismiss a class action claiming the drugmaker paid kickbacks to the PBMs in order to drive up the price of its anti-allergy injection EpiPen, a federal judge has ruled.

Health insurer UnitedHealth Group on Wednesday agreed to buy Change Healthcare for $7.84 billion in an all-cash deal, as it looks to expand its fast-growing healthcare technology business.

UnitedHealth Group will buy Change Healthcare for $7.84 billion to merge it with its health IT unit, the company said on Wednesday.

Drugmaker Eli Lilly and Co and insurer UnitedHealth Group on Friday said they have partnered to conduct a study of Lilly's COVID-19 antibody treatment bamlanivimab in high-risk Medicare patients.

UnitedHealth Group Inc on Tuesday forecast 2021 adjusted profit below Wall Street estimates, hit by the COVID-19 pandemic and uncertainties related to it.

Health insurer UnitedHealth Group Inc on Tuesday forecast 2021 adjusted profit that missed Wall Street estimates, hurt by uncertainties related to the COVID-19 pandemic.

Health insurer Humana Inc <HUM.N> said on Tuesday it sees a boost to its 2021 profit from strong growth in its Medicare Advantage health plans.

U.S. health insurer Anthem Inc <ANTM.N> on Wednesday warned of higher-than-normal medical costs in the fourth quarter, driven by coronavirus infections and recovery in demand for elective medical procedures, sending its shares down about 3%.

Corona Capital is a column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.

UnitedHealth Group Inc <UNH.N> on Wednesday raised its annual profit forecast after its quarterly profit beat estimates, helped by growth in its Optum unit that manages drug benefits, and a slower-than-expected rebound in demand for deferred care.

The COVID-19 pandemic and related economic impacts make 2021 difficult to predict and likely represent a challenge to earnings, UnitedHealth Group Inc <UNH.N> Chief Executive Dave Wichmann said on Wednesday.

Health insurer UnitedHealth Group Inc said on Wednesday its quarterly profit fell 10.3%, weighed down by a rise in medical costs as patients began to catch up on elective medical care, previously postponed due to COVID-19 related restrictions.

Walmart Inc <WMT.N> said on Tuesday it would sell Medicare insurance plans in 50 states and Washington D.C. through its broker, marking the U.S. retailer's latest move into the healthcare space.