UnitedHealth Group, Medicare and DOJ
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In a filing with the Securities and Exchange Commission, UnitedHealth said it has "full confidence" in its practices. It added that a court-appointed monitor found no wrongdoing after a decade-long probe into its Medicare Advantage business.
The Minnesota-based provider says in an SEC filing that the investigation is related to UnitedHealth's participation in the Medicare program.
For the full year, UnitedHealth’s net income fell 36% to $14.4 billion – its first annual profit decline in nearly a decade. The company cited the impact of a cyberattack on its Change Healthcare unit early in 2024, which resulted in over $2 billion in direct costs and widespread operational disruption.
UnitedHealth Group says it is cooperating with federal criminal and civil investigations involving its market-leading Medicare business.
Brian Thompson, who was 50, ran the insurance arm of the giant UnitedHealth Group Inc. since 2021 and had worked at the company for 20 years.(AP) NEW YORK — Brian Thompson led one of the biggest ...