UnitedHealth Group’s (NYSE: UNH) subsidiary Optum Health’s efforts to reorient its strategic approach are beginning to bear fruit in rising revenues. The company projected slow but steady growth in 2026, despite headwinds such as Medicare reimbursement reductions and rising competition in the health care landscape. The insurance giant and health care provider UnitedHealth Group has […]
The acquisition of the home health and hospice provider Amedisys by the insurance mammoth UnitedHealth Group (NYSE: UNH) has far-reaching implications for the hospice community. The UnitedHealth Group subsidiary Optum, in June 2023 inked its agreement to acquire Amedisys in an all-cash transaction of $101 per share, or about $3.3 billion. After leaping a series […]
Federal legislators have introduced bills in the Senate and House of Representatives that would ban insurance companies from owning Medicare Part B or Part C providers. Sens. Elizabeth Warren (D-Mass.) and Jeff Merkley (D-Ore.) introduced the Patients Over Profits Act in the Senate; whereas Reps. Pat Ryan (D-N.Y.) and Pramila Jayapal (D-Wa.) brought forth the […]
The nation’s largest hospice companies are seeing significant hospice growth amid executive changes and rising interest in M&A. These are the key themes that emerged during this year’s second quarter earnings season, in which publicly traded home health and hospice companies report their financial results, guidance for the remainder of the year and other key […]
The U.S. Department of Justice (DOJ) likely has cleared the way for the UnitedHealth Group’s (NYSE: UNH) acquisition of Amedisys (Nasdaq: AMED). Amedisys made a filing with the U.S. Securities and Exchange Commission (SEC) indicating that the two companies and DOJ have reached an agreement to resolve the federal law enforcement agency’s concerns. However, the […]
Striking a balance between escalating costs and rising demand have brought challenging situations to the front steps of many health care providers, including UnitedHealth Group (NYSE: UHN). These factors represented key issues impacting growth this year of the company’s subsidiary OptumHealth. The insurance giant and health care provider has seen slower than anticipated revenue growth […]
UnitedHealth Group’s (NYSE: UNH) Chairman and President Stephen J. Hemsley will become the insurance and health care giant’s CEO, effective immediately. Previous CEO Andrew Witty stepped down on Tuesday for personal reasons, according to a statement from UnitedHealth Group. The company is the third largest hospice provider in the nation, primarily through its subsidiary Optum, […]
The U.S. Department of Justice (DOJ) has rejected the sale of Amedisys’ (Nasdaq: AMED) home health and hospice assets to BrightSpring Health Services Inc. (Nasdaq: BTSG) and The Pennant Group (Nasdaq: PNTG) as a remedy to an ongoing lawsuit. Amedisys earlier this month announced the divestiture of a number of its home health and hospice […]
UnitedHealth Group (NYSE: UNH) has announced two recent c-suite executive changes. Dr. Heather Cianfrocco, CEO of the company’s health services subsidiary Optum, has been promoted to serve as UnitedHealth Group’s executive vice president of governance, compliance and information security. She will be responsible for the company’s governance and ethical oversight of its operations. Stepping into […]
Optum remains a growth engine for UnitedHealth Group (NYSE: UNH) despite headwinds that battered the massive “payvider” during the first quarter of the year. UnitedHealth Group, through its subsidiary Optum, is among the largest hospice providers in the nation by Medicare claims, according to research by Hospice News and the data analysis firm Hospice Analytics. […]
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