Edition:
United States

UnitedHealth Group Inc (UNH.N)

UNH.N on New York Stock Exchange

244.95USD
25 May 2018
Change (% chg)

$2.22 (+0.91%)
Prev Close
$242.73
Open
$242.95
Day's High
$245.55
Day's Low
$242.51
Volume
532,270
Avg. Vol
1,031,240
52-wk High
$250.79
52-wk Low
$174.93

Latest Key Developments (Source: Significant Developments)

American Renal Associates & Its Unit Are Defendants In Lawsuit
Wednesday, 28 Mar 2018 09:09am EDT 

March 28 (Reuters) - American Renal Associates Holdings Inc ::AMERICAN RENAL ASSOCIATES - CO'S UNIT & ITS UNIT ARE DEFENDANTS IN A LAWSUIT INITIALLY FILED ON JULY 1, 2016 BY 3 AFFILIATES OF UNITEDHEALTH GROUP.AMERICAN RENAL ASSOCIATES SAYS ON MARCH 27, U.S. COURT ENTERED ORDER GRANTING THE MOTION TO DISMISS IN PART & DENYING THE MOTION IN PART - SEC FILING.AMERICAN RENAL ASSOCIATES - U.S. COURT ENTERED THE MARCH 27 ORDER REGARDING THE MOTION FILED UNDER A SECOND AMENDED COMPLAINT BY UNITEDHEALTH ON MARCH 13, 2017.  Full Article

UnitedHealth Is Said To Drop Out Of Bidding For Envision Healthcare- Bloomberg‍​
Wednesday, 14 Mar 2018 12:06pm EDT 

March 14 (Reuters) - :UNITEDHEALTH IS SAID TO DROP OUT OF BIDDING FOR ENVISION HEALTH - BLOOMBERG, CITING SOURCE ‍​.  Full Article

Unitedhealth Group Announces Leadership Actions
Tuesday, 13 Mar 2018 07:55am EDT 

March 13 (Reuters) - Unitedhealth Group Inc ::UNITEDHEALTH GROUP ANNOUNCES LEADERSHIP ACTIONS.UNITEDHEALTH GROUP INC - ‍ANDREW WITTY, CURRENT COMPANY DIRECTOR, TO BECOME OPTUM CEO JULY 1, 2018​.UNITEDHEALTH GROUP INC - ‍ANDREW WITTY, CURRENT COMPANY DIRECTOR, TO BECOME OPTUM CEO JULY 1, 2018​.UNITEDHEALTH GROUP INC - LARRY RENFRO TO LEAD ENTERPRISEWIDE GROWTH EFFORTS, OPTUM VENTURES INVESTMENT FUNDS.UNITEDHEALTH GROUP INC - WITTY WILL STEP DOWN FROM UNITEDHEALTH GROUP BOARD OF DIRECTORS, EFFECTIVE IMMEDIATELY.UNITEDHEALTH GROUP INC - COMPANY TO LAUNCH NEW OPTUM VENTURES GLOBAL FUND.UNITEDHEALTH GROUP INC - ‍ WITTY IS FORMER CHIEF EXECUTIVE OFFICER OF GLAXOSMITHKLINE PLC​.  Full Article

DaVita Received Second Request For Additional Information From U.S. FTC
Tuesday, 13 Mar 2018 06:23am EDT 

March 13 (Reuters) - Davita Inc ::DAVITA SAYS ON MARCH 12, RECEIVED SECOND REQUEST FOR ADDITIONAL INFORMATION AND DOCUMENTARY MATERIAL FROM U.S. FEDERAL TRADE COMMISSION - SEC FILING.DAVITA - ‍SECOND REQUEST EXTENDS WAITING PERIOD IMPOSED BY ACT UNTIL 30 DAYS AFTER DAVITA AND BUYER HAVE SUBSTANTIALLY COMPLIED WITH SECOND REQUEST​.DAVITA - FTC SENT SECOND REQUEST AS PER HART-SCOTT-RODINO ANTITRUST IMPROVEMENTS ACT IN CONNECTION WITH FTC'S REVIEW OF CO'S PENDING DEAL WITH OPTUM.DAVITA - CO CONTINUES TO EXPECT THAT PENDING DEAL WITH OPTUM WILL CLOSE IN 2018.  Full Article

UnitedHealthcare Launches Expansion of Direct-to-Consumer Pharmacy Discounts to Millions of Americans
Tuesday, 6 Mar 2018 07:00am EST 

March 6 (Reuters) - Unitedhealth Group Inc ::UNITEDHEALTHCARE SAYS WILL EXPAND PHARMACY DISCOUNTS TO PLAN PARTICIPANTS WHEN THEY FILL PRESCRIPTIONS VIA RETAIL PHARMACIES/HOME DELIVERY.UNITEDHEALTHCARE SAYS NEW PROGRAM WILL APPLY TO OVER 7 MILLION PEOPLE ENROLLED IN UNITEDHEALTHCARE FULLY INSURED COMMERCIAL GROUP BENEFIT PLANS.UNITEDHEALTHCARE - FROM JAN 1, 2019, PEOPLE ENROLLED IN FULLY INSURED, GROUP HEALTH BENEFIT PLANS TO HAVE DISCOUNTS APPLIED TO MEDICATION COST AT POS.  Full Article

UnitedHealth Reports Q4 Adjusted EPS Of $2.59
Tuesday, 16 Jan 2018 05:55am EST 

Jan 16 (Reuters) - UnitedHealth Group Inc ::UNITEDHEALTH GROUP REPORTS 2017 RESULTS HIGHLIGHTED BY CONTINUED STRONG AND DIVERSIFIED GROWTH.FY 2017 EARNINGS PER SHARE $10.72.FY 2017 ADJUSTED EARNINGS PER SHARE $10.07.Q4 EARNINGS PER SHARE $3.65; Q4 ADJUSTED EARNINGS PER SHARE $2.59.QTRLY REVENUE $52.1 BILLION VERSUS $47.5 BILLION LAST YEAR.Q4 EARNINGS PER SHARE VIEW $2.51, REVENUE VIEW $51.51 BILLION -- THOMSON REUTERS I/B/E/S.SEES FY 2018 ADJUSTED EARNINGS PER SHARE $12.30 TO $12.60.SEES FY 2018 EARNINGS PER SHARE $11.65 TO $11.95.FY2018 EARNINGS PER SHARE VIEW $11.47, REVENUE VIEW $223.76 BILLION -- THOMSON REUTERS I/B/E/S.Q4 2017 CONSOLIDATED MEDICAL CARE RATIO OF 82.2 PERCENT REFLECTED CONSISTENT MEDICAL COST TRENDS.CASH FLOWS FROM OPERATIONS FOR FY 2018 ARE EXPECTED TO RANGE FROM $15 BILLION TO $15.5 BILLION.DUE TO U.S. TAX REFORM, 2017 NET EARNINGS INCLUDED $1.22/SHARE NON-CASH BENEFIT FROM REVALUATION OF NET DEFERRED TAX LIABILITY.REVISED ITS 2018 FINANCIAL OUTLOOK TO REFLECT EFFECTS OF U.S. CORPORATE TAX LAW CHANGES.UNITEDHEALTH SEES 2018 UNITEDHEALTH GROUP MEDICAL CARE RATIO 81.5 PERCENT, +/- 50 BPS.Q4 NET EARNINGS OF $3.65 PER SHARE INCLUDED ONE-TIME, NON-CASH DEFERRED TAX BENEFIT OF $1.21 PER SHARE.UNITEDHEALTH SEES 2018 SHARE REPURCHASES OF $3,000 MILLION - $4,000 MILLION.TAX CUTS & JOBS ACT RESULTED IN $1.2 BILLION FAVORABLE NON-CASH REVALUATION OF CO'S U.S. NET DEFERRED TAX LIABILITY.SEES FY 2018 REVENUE $223 BILLION - $225 BILLION.  Full Article

UnitedHealth's Optum To Buy Davita Medical Group For About $4.9 Bln In Cash
Wednesday, 6 Dec 2017 06:45am EST 

Dec 6 (Reuters) - UnitedHealth Group Inc ::DAVITA MEDICAL GROUP TO JOIN OPTUM.OPTUM - ‍AGREEMENT, ENTERED INTO ON DECEMBER 5, 2017, CALLS FOR OPTUM TO ACQUIRE DAVITA MEDICAL GROUP FOR APPROXIMATELY $4.9 BILLION IN CASH​.OPTUM - FOLLOWING TRANSACTION, DAVITA MEDICAL GROUP WILL BECOME PART OF OPTUM'S OPTUMCARE DIVISION.OPTUM - ‍DAVITA PLANS TO USE PROCEEDS FROM DEAL FOR SIGNIFICANT STOCK REPURCHASES OVER 1 TO 2 YRS AFTER CLOSE OF DEAL, AS WELL AS TO REPAY DEBT​, OTHERS.OPTUM - ‍JOE MELLO, COO OF DAVITA MEDICAL GROUP, WILL CONTINUE IN LEADERSHIP ROLE IN COMBINED ENTITY, AS WILL DAVITA MEDICAL GROUP LEADERSHIP TEAM​.  Full Article

UnitedHealth Group Sees ‍2017 Adjusted Net Earnings To Approach $10 Per Share​
Monday, 27 Nov 2017 04:15pm EST 

Nov 27 (Reuters) - Unitedhealth Group Inc ::UNITEDHEALTH GROUP TO DISCUSS BUSINESS OUTLOOK AT INVESTOR CONFERENCE.- ‍REVENUES FOR 2017 ARE EXPECTED TO EXCEED $200 BILLION​.SEES ‍2017 ADJUSTED NET EARNINGS TO APPROACH $10.00 PER SHARE​.SEES 2017 ‍NET EARNINGS TO APPROACH $9.45 PER SHARE​.FY2017 EARNINGS PER SHARE VIEW $9.99, REVENUE VIEW $200.31 BILLION -- THOMSON REUTERS I/B/E/S.- ‍UNITEDHEALTH GROUP WILL ALSO INTRODUCE ITS 2018 OUTLOOK, INCLUDING REVENUES OF $223 BILLION TO $225 BILLION​.- ‍CASH FLOWS FROM OPERATIONS ARE EXPECTED TO RANGE FROM $13.3 BILLION TO $13.8 BILLION IN 2018​.UNITEDHEALTH SEES ‍2018 NET EARNINGS OF $10.00 TO $10.30 PER SHARE, AND ADJUSTED NET EARNINGS OF $10.55 TO $10.85 PER SHARE​.UNITEDHEALTH - ADJUSTED NET EARNINGS OUTLOOK EXCLUDES AMORTIZATION EXPENSE OF ABOUT $0.90 AND $0.85 PER SHARE FOR YEARS ENDED DEC. 31, 2017 AND 2018, RESPECTIVELY​.UNITEDHEALTH - ADJUSTED NET EARNINGS OUTLOOK EXCLUDES TAX IMPACT OF $0.35 AND $0.30 PER SHARE FOR YEARS ENDED DEC. 31, 2017 AND 2018, RESPECTIVELY​.FY2018 EARNINGS PER SHARE VIEW $10.81, REVENUE VIEW $218.45 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Jana Partners takes sole share stake in UnitedHealth, dissolves sole share stake in Cognizant
Tuesday, 14 Nov 2017 12:13pm EST 

Nov 14 (Reuters) - Jana Partners LLC:Jana Partners LLC takes sole share stake of 227,730 shares in UnitedHealth Group Inc - SEC filing.Jana Partners LLC dissolves sole share stake in Cognizant Technology Solutions.Jana Partners LLC - Change in holdings are as of Sept 30, 2017 and compared with the previous quarter ended as of June 30, 2017.Source text for quarter ended Sept 30, 2017 (http://bit.ly/2igoLbb).Source text for quarter ended June 30, 2017: (http://bit.ly/2vBNz32).  Full Article

Tivity Health comments on UnitedHealthcare relationship
Monday, 6 Nov 2017 06:08pm EST 

Nov 6 (Reuters) - Tivity Health Inc ::Tivity Health comments on UnitedHealthcare relationship.Reaffirmed company's 2018 preliminary financial guidance​.In 2018, expect number of eligible members for SilverSneakers will grow to almost 16 million​.UnitedHealthcare's plans, other conversations with healthcare plan customers are fully reflected within preliminary 2018 guidance​.  Full Article

Big-name hedge funds bought healthcare stocks in 1st quarter

NEW YORK, May 15 Prominent hedge fund managers appeared to make big first-quarter bets in UnitedHealth Group Inc, Anthem Inc and other health insurers whose shares tumbled in January after Jeff Bezos, Warren Buffett and Jamie Dimon in January announced a joint venture to slash U.S. healthcare costs.