UnitedHealth Group is facing a staggering loss in its market value following the former CEO’s sudden murder. The shocking assassination of Brian Thompson last December took the world by storm as all eyes focused on Luigi Mangione — the man who was allegedly responsible for gunning him down.
UnitedHealth Group CEO Andrew Witty honored Brian Thompson, the health insurance executive murdered last month, praising his dedication to improving the U.S. health care system. Witty acknowledged public support following the tragedy and highlighted the nation’s costly health care as the root issue behind access and quality concerns.
Q4 2024 Earnings Call Transcript January 16, 2025 UnitedHealth Group Incorporated beats earnings expectations. Reported EPS is $6.81, expectations were $6.74. Operator: Good morning, and welcome to UnitedHealth Group Fourth Quarter and Full Year 2024 Earnings Conference Call.
CEO Andrew Witty promised that UnitedHealthcare would work to speed up turnaround times for approval of some procedures and services in Medicare Advantage plans.
In his first public comments since one of his executives was shot to death, UnitedHealth Group CEO Andrew Witty said the healthcare system “needs to function better.”
The UnitedHealth Group leader whose murder in December unleashed a torrent of public frustration and dissatisfaction with the U.S. health care system was pushing for some of the very improvements that critics have been seeking.
UnitedHealth Group Inc (UNH) stock saw a decline, ending the day at $509.76 which represents a decrease of $-0.83 or -0.16% from the prior close of $510.59. The stock opened at $505.62 and touched a low of $502.
But high medical costs contributed to results that disappointed Wall Street, and the company’s stock fell on the news that it had made less than analysts expected.
In its first results since its insurance unit CEO was fatally shot in New York City, UnitedHealth Group reported Thursday weaker-than-expected fourth-quarter revenue, prompting its shares to fall in early morning trading despite quarterly profit beating projections.
UnitedHealth reported fourth-quarter results on Thursday that reflected persistent challenges for the health insurance sector.
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