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UnitedHealth Group Inc (UNH.N)

UNH.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

UnitedHealth reiterates 2019 cash flow, medical care ratio forecasts
Tuesday, 16 Apr 2019 

April 16 (Reuters) - UnitedHealth Group Inc ::CFO SAYS STILL EXPECTS MEDICAL CARE RATIO OF 82.5 PERCENT, PLUS OR MINUS 50 BASIS POINTS.CFO SAYS STILL SEES 2019 CASH FLOWS FROM OPERATIONS $17.3 BILLION-$17.8 BILLION.  Full Article

UnitedHealth Sees Minimial Impact On Margins If Rebate System Is Replaced
Tuesday, 16 Apr 2019 

April 16 (Reuters) - UnitedHealth Group Inc ::UNITEDHEALTH EXECUTIVE ANDREW WITTY FLAGS "REAL RISK" OF PRICE INFLATION IF EFFECTIVE NEW SYSTEM TO REPLACE CURRENT REBATES IS NOT PUT IN PLACE- CONF. CALL.UNITEDHEALTH EXECUTIVE SEES MINIMIAL IMPACT ON MARGINS IF REBATE SYSTEM IS REPLACED - CONF. CALL.UNITEDHEALTH EXECUTIVE SAYS REBATES ONLY EXIST ON 7 PERCENT OF THE COMPANY'S PRESCRIPTIONS, AND 98 PERCENT OF DISCOUNTS ARE PAID OUT TO CUSTOMERS- CONF. CALL.UNITEDHEALTH CEO SAYS CO STILL UNDERPERFORMING IN MEDICAID BUSINESS, AND WILL PROBABLY TAKE UNTIL 2022 TO GET TO FULL PERFORMANCE EXPECTATION- CONF. CALL.UNITEDHEALTH SAYS MEDICAL CARE RATIO IN QUARTER IN LINE WITH CO'S EXPECTATIONS- CONF. CALL.  Full Article

UnitedHealth Group Reports Q1 Adjusted Earnings Per Share $3.73
Tuesday, 16 Apr 2019 

April 16 (Reuters) - UnitedHealth Group Inc ::UNITEDHEALTH GROUP REPORTS FIRST QUARTER 2019 RESULTS.Q1 ADJUSTED EARNINGS PER SHARE $3.73.Q1 EARNINGS PER SHARE $3.56.Q1 EARNINGS PER SHARE ESTIMATE $3.60 -- REFINITIV IBES DATA.QTRLY REVENUES OF $60.3 BILLION GREW 9% YEAR-OVER-YEAR.Q1 REVENUE VIEW $59.71 BILLION -- REFINITIV IBES DATA.QTRLY OPTUM REVENUES GREW BY $2.8 BILLION OR 11.7 PERCENT YEAR-OVER-YEAR TO $26.4 BILLION.INCREASED ITS 2019 EARNINGS OUTLOOK TO NET EARNINGS OF $13.80 TO $14.05 PER SHARE.SEES 2019 ADJUSTED NET EARNINGS OF $14.50 TO $14.75 PER SHARE.60 BASIS POINT YEAR-OVER-YEAR INCREASE IN CONSOLIDATED MEDICAL CARE RATIO TO 82.0 PERCENT IN FIRST QUARTER.MEDICAL COST TRENDS REMAINED WELL-MANAGED AND INCLUDED $300 MILLION IN FAVORABLE RESERVE DEVELOPMENT IN QUARTER.UNITEDHEALTH GROUP-REVENUE EFFECT FROM DEFERRAL OF HEALTH INSURANCE TAX WAS PRIMARY DRIVER OF 60 BASIS POINT RAISE IN CONSOLIDATED MEDICAL CARE RATIO IN Q1.FY2019 EARNINGS PER SHARE VIEW $14.65 -- REFINITIV IBES DATA.  Full Article

UnitedHealth Reports Qtrly Adjusted Earnings Per Share $3.28
Tuesday, 15 Jan 2019 

Jan 15 (Reuters) - UnitedHealth Group Inc ::UNITEDHEALTH GROUP REPORTS 2018 RESULTS HIGHLIGHTED BY CONTINUED STRONG AND DIVERSIFIED GROWTH.COMPANY AFFIRMED ITS OUTLOOK FOR 2019.QTRLY EARNINGS PER SHARE $3.10.QTRLY REVENUES $58.4 BILLION VERSUS $52.1 BILLION.QTRLY ADJUSTED EARNINGS PER SHARE $3.28.Q4 EARNINGS PER SHARE VIEW $3.21, REVENUE VIEW $58.01 BILLION -- REFINITIV IBES DATA.2018 CONSOLIDATED MEDICAL CARE RATIO OF 81.6 PERCENT DECREASED 50 BASIS POINTS YEAR-OVER-YEAR.FY2018 EARNINGS PER SHARE VIEW $12.80 -- REFINITIV IBES DATA.QTRLY OPTUM REVENUE $27.6 BILLION VERSUS $24.4 BILLION.FY2019 EARNINGS PER SHARE VIEW $14.62 -- REFINITIV IBES DATA.MEDICAL COST TRENDS REMAINED WELL-MANAGED IN Q4 2018, AND INCLUDED $280 MILLION IN FAVORABLE RESERVE DEVELOPMENT.  Full Article

DaVita - Entered Into Amendment To Equity Purchase Agreement Dated Dec 5, 2017
Monday, 17 Dec 2018 

Dec 17 (Reuters) - DaVita Inc ::DAVITA - ENTERED INTO AMENDMENT TO EQUITY PURCHASE AGREEMENT, DATED DEC 5, 2017, BY AND AMONG CO, COLLABORATIVE CARE HOLDINGS, UNIT OF OPTUM, UNITEDHEALTH.DAVITA - AMENDMENT PROVIDES PURCHASE PRICE TO BE PAID TO CO RELATED TO PROPOSED TRANSACTION REDUCED FROM $4.90 BILLION TO $4.34 BILLION.DAVITA - DUE TO AMENDMENT, CO EXPECTS TO RECORD CHARGE IN Q4 OF ABOUT $200 MILLION TO $250 MILLION.DAVITA - WILL CONTINUE TO ASSESS CARRYING VALUE OF ITS HELD FOR SALE ASSETS UNTIL PROPOSED TRANSACTION CLOSES..  Full Article

UnitedHealthcare Renews Contract With Envision Healthcare
Tuesday, 11 Dec 2018 

Dec 11 (Reuters) - UnitedHealth Group Inc ::UNITEDHEALTHCARE RENEWS CONTRACT WITH ENVISION HEALTHCARE.UNITEDHEALTH GROUP - AGREEMENT ENSURES THAT ALL UNITEDHEALTHCARE PLAN PARTICIPANTS WILL HAVE IN-NETWORK ACCESS TO ENVISION'S HOSPITAL-BASED SERVICES.  Full Article

DMHC Approves Optum's Acquisition Of DaVita
Wednesday, 28 Nov 2018 

Nov 28 (Reuters) - California Department of Managed Health Care::DMHC APPROVES OPTUM’S ACQUISITION OF DAVITA.CALIFORNIA DEPARTMENT OF MANAGED HEALTH CARE SAYS AS PER DMHC APPROVAL, OPTUM & DAVITA AGREE TO NOT INCREASE PREMIUMS AS A RESULT OF ACQUISITION COSTS.CALIFORNIA DEPARTMENT OF MANAGED HEALTH CARE SAYS AS PER DMHC APPROVAL, OPTUM & DAVITA AGREE TO KEEP PREMIUM RATE INCREASES TO A MINIMUM.CALIFORNIA DEPARTMENT OF MANAGED HEALTH CARE ON APPROVAL OF OPTUM’S ACQUISITION OF DAVITA -PLANS AGREE TO INVEST AT LEAST $58 MILLION IN CALIFORNIA.  Full Article

UnitedHealth Group - Revenues For 2018 Are Expected To Approximate $226 Bln
Tuesday, 27 Nov 2018 

Nov 26 (Reuters) - UnitedHealth Group Inc ::REVENUES FOR 2018 ARE EXPECTED TO APPROXIMATE $226 BILLION.UNITEDHEALTH GROUP - SEES 2018 NET EARNINGS TO APPROACH $12.10 PER SHARE AND 2018 ADJUSTED NET EARNINGS TO APPROACH $12.80 PER SHARE.INTRODUCE ITS 2019 OUTLOOK.UNITEDHEALTH GROUP - SEES 2019 REVENUES OF $243 BILLION TO $245 BILLION.UNITEDHEALTH GROUP - SEES 2019 NET EARNINGS OF $13.70 TO $14.00 PER SHARE.CASH FLOWS FROM OPERATIONS ARE EXPECTED TO RANGE FROM $17.3 BILLION TO $17.8 BILLION IN 2019.FY2018 EARNINGS PER SHARE VIEW $12.81, REVENUE VIEW $225.60 BILLION -- REFINITIV IBES DATA.FY2019 EARNINGS PER SHARE VIEW $14.58, REVENUE VIEW $244.57 BILLION -- REFINITIV IBES DATA.  Full Article

UnitedHealth Purchases Pharmacy Genoa Healthcare From Advent For About $2.5 Billion - Bloomberg
Friday, 28 Sep 2018 

Sept 27 (Reuters) - :UNITEDHEALTH PURCHASES PHARMACY GENOA HEALTHCARE FROM ADVENT FOR ABOUT $2.5 BILLION - BLOOMBERG, CITING SOURCE.  Full Article

UnitedHealth is buying pharmacy operator Genoa - Axios
Thursday, 9 Aug 2018 

Aug 8 (Reuters) - :UNITEDHEALTH HAS ATLEAST TENTATIVE AGREEMENT TO BUY SPECIALTY PHARMACY OPERATOR GENOA HEALTH FROM ADVENT INTERNATIONAL - AXIOS, CITING SOURCE.  Full Article

CORRECTED-BRIEF-UnitedHealth Sees Minimial Impact On Margins If Rebate System Is Replaced

* UNITEDHEALTH EXECUTIVE ANDREW WITTY FLAGS "REAL RISK" OF PRICE INFLATION IF EFFECTIVE NEW SYSTEM TO REPLACE CURRENT REBATES IS NOT PUT IN PLACE- CONF. CALL