UnitedHealth Group in the headlines: 10 updates

From layoffs at Optum to Justice Department scrutiny over its proposed acquisition of Amedisys, here are 10 updates on UnitedHealth Group that Becker's has reported since Aug. 3: 

1. A chain of urgent care clinics owned by UnitedHealth Group's Optum reportedly will lay off all nursing positions nationwide. Morgantown, W.Va.-based MedExpress Urgent Care will eliminate registered nursing positions at nearly 150 facilities as part of a larger group of layoffs at Optum. 

2. An Amedisys stockholder filed a lawsuit against the home health provider and its directors, alleging they misrepresented key information in a proxy statement related to UnitedHealth's proposed acquisition of the company. 

3. Former employees with UnitedHealth Group's Optum and its subsidiaries have taken to social media regarding an unknown number of layoffs they say are occurring across the company.

4. The U.K.'s Competition and Markets Authority gave UnitedHealth provisional approval in response to the company's proposed acquisition of the health technology firm EMIS Group.

5. Optum's proposed $3.29 billion acquisition of home health provider Amedisys is facing scrutiny from the Justice Department. 

6. UnitedHealth Group has the potential to reach a market value of $1 trillion by 2030, according to the Motley Fool

7. Those who have been tuning in to the latest season of ABC's The Bachelorette may have seen former and future UnitedHealth Group employee John Buresh starring in a main role.

8. Heather Cianfrocco was named president of Optum.

9. UnitedHealth had the highest profit among large payers in the second quarter of 2023. 

10. UnitedHealth Group is the 10th largest company in the world by revenue, according to Fortune's "Global 500" list. 

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Articles We Think You'll Like