UnitedHealth Group Incorporated (UNH)
Consumer sentiment, non–Mag 7 gains, UnitedHealth: Catalysts
US equities (^GSPC, ^IXIC, ^DJI) and Treasury yields (^TYX, ^TNX, ^FVX) are set to finish a volatile trading week in the red. Seana Smith and Madison Mills outline the top stories on Wall Street on Catalysts.
UnitedHealth Medicare Advantage bombshell exposes $83 billion in government waste
Will Musk and Trump dare to take it on?
Consumer Sentiment Drops 10%, UnitedHealth Under Investigation: What's Driving Markets Friday?
All three major U.S. stock indices are down Friday as traders reacted to several sets of fresh data that raised concerns about the economic outlook.
Trade Tracker: Steve Weiss buys more UnitedHealth
Steve Weiss, Founder and Managing Partner of Short Hills Capital Partners joins CNBC's “Halftime Report” to explain why he's buying UnitedHealth after famed investor Bill Ackman comes out against the name.
DOJ launches probe into UnitedHealth's Medicare billing practices after investigative reports
The probe is analyzing the company's practice of frequently logging diagnoses that trigger larger payments to its Medicare Advantage plans, according to a report.
UnitedHealth shares tumble on the DOJ reportedly investigating Medicare billing practices
UnitedHealth shares sank after the Wall Street Journal reported that the insurer's Medicare billing protocols are under investigation by the U.S. Department of Justice.
US justice department opens civil fraud investigation into UnitedHealthcare
Federal government examining whether insurance giant is illegally raising Medicare program users' monthly payments
Markets Await Consumer Sentiment Data
We see a bifurcated pre-market on the major indexes this morning. The Nasdaq is looking positive, +100 points at this hour, or +0.46%, while the S&P 500 is +0.08% and the small-cap Russell 2000 +0.66%.
UnitedHealth Group shares drop amid reports of Medicare payments probe
UnitedHealth Group Inc (NYSE:UNH, ETR:UNH) shares slumped following reports that the US Department of Justice has initiated a civil fraud investigation into the company's Medicare billing practices. Per a Wall Street Journal (WSJ) report citing sources with knowledge of the matter, the probe is focused on how the company documents diagnoses that can lead to increased payments for its Medicare Advantage plans, particularly within physician groups owned by UnitedHealth.
Why UnitedHealth Stock Is Down Today
The U.S. Department of Justice has reportedly launched an investigation into UnitedHealth Group's (UNH -8.19%) Medicare billing practices.
UnitedHealth's rough stretch continues, with buyouts, a reported DOJ probe and a 23% drop in three months
UnitedHealthcare is in hot water again as the insurance giant grapples with a reported government investigation of its Medicare billing practices, pursues employee buyouts and potential layoffs and faces sharp criticism from billionaire Bill Ackman. It extends a tumultuous period for its parent company, UnitedHealth Group, marked by the killing of a top executive, a costly cyberattack against its subsidiary and high medical costs.
UnitedHealth Group Stock Drops As Feds Reportedly Probe Its Medicare Billing
Shares of UnitedHealth Group sank Friday following a report on a fresh federal probe into the U.S.' largest health insurer, the latest development in a turbulent stretch on Wall Street for the company as its business practices come under scrutiny.
