UnitedHealth's rough stretch continues, with buyouts, a reported DOJ probe and a 23% drop in three months
Publishing timestamp: 2025-02-21 15:56:28
Summary
UnitedHealthcare is facing a government investigation into its Medicare billing practices, potential layoffs, and criticism from Bill Ackman. The parent company, UnitedHealth Group, has also dealt with the killing of a top executive, a costly cyberattack, and high medical costs. Shares have tumbled, and the company is facing a civil fraud investigation into its Medicare Advantage plans. Despite the challenges, analysts believe the financial impact will be minimal in the near term.
Sentiment: MIXED
Tickers: UNH,
Keywords: health care industry, pharmaceuticals, bill ackman, breaking news: business, biotech and pharmaceuticals, business, business news, biotechnology, unitedhealth group inc,
Source: https://www.cnbc.com/2025/02/21/unitedhealth-faces-doj-investigation-buyouts-stock-price-drop.html