CVS Taps Ex-UnitedHealth Executive for Aetna, Skips Guidance [Yahoo! Finance Canada]
UnitedHealth Group Incorporated (DE) (UNH)
Last unitedhealth group incorporated (de) earnings: 4/15 05:55 am
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Source: Yahoo! Finance Canada
Most Read from Bloomberg The company did announce a new president for its troubled Aetna insurance unit, where Steve Nelson, a former CEO of UnitedHealth Group Inc.'s insurance division, will start today. He will have to grapple with the rising medical costs and decreased government payments that crimped the unit's returns and attracted the ire of activist investor Glenview Capital Management. “There are clearly both macro and company-specific factors driving the challenges within our Aetna business,” Joyner said on a conference call with analysts. CVS had offered plans at lower prices with a wide swath of benefits, and underestimated medical costs. To fix this, the company is changing the design of plans with the goal of a “multi-year earnings recovery,” Joyner said. While offering no official guidance, Chief Financial Officer Thomas Cowhey said the company feels “very good” about its ability to meet the forecasts provided last quarter for health services and pharmacy and co
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UNH
Earnings
- 10/15/24 - Beat
UNH
Sec Filings
- 11/15/24 - Form 4
- 11/13/24 - Form 4
- 11/13/24 - Form 4
- UNH's page on the SEC website