Becker's Healthcare July 16, 2024
UnitedHealth Group posted $4.2 billion in net income during the second quarter of 2024, a 23% decline year over year.
The company said it has restored the majority of affected Change Healthcare services and has provided more than $9 billion in advance funding and loans to providers. The total full year impact of the breach is estimated at $1.90 to $2.05 per share, with the company raising the estimated total cost of the attack to around $2.45 billion.
UnitedHealth also intends to sell its remaining operations in South America following the sale of its health insurance and hospital operations in Brazil in February.
UnitedHealth Group
- Total revenues in Q2 were $98.9 billion, up 6.5% year over year. In Q2...
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