UnitedHealth says it is cooperating with DOJ investigations into Medicare billing practices
Publishing timestamp: 2025-07-24 11:05:18
Summary
UnitedHealth Group is facing Department of Justice investigations over its Medicare billing practices, adding to a string of setbacks for the company. The company has launched a third-party review of its business policies and performance metrics, and its shares dropped around 2% on Thursday. The announcement comes after reports of probes surfaced, and the company's executives will likely face questions about the probe during its second-quarter earnings call on July 29.
Sentiment: MIXED
Tickers: UNH,
Keywords: biotechnology, biotech and pharmaceuticals, business news, breaking news: business, unitedhealth group inc, health care industry, business, social issues, pharmaceuticals,
Source: https://www.cnbc.com/2025/07/24/unitedhealthcare-doj-investigation-medicare-billing.html