From unveiling revenue projections to the delay of its LHC Group acquisition, here are nine stories about UnitedHealth Group that Becker's has reported since Nov. 23.
1. Previously expected to close by the end of 2022, United Health Group's acquisition of home-health firm LHC Group will now likely be finalized in the first quarter of 2023, according to an LHC filing with the Securities and Exchange Commission.
2. UnitedHealthcare and Tulsa, Okla.-based Hillcrest HealthCare System will be out of network if the two sides do not reach a contract agreement by May 1.
3. UnitedHealth Group expects Optum to see a long-term, double-digit revenue growth rate and bring in $212 billion to $214 billion in 2023 revenue.
4. UnitedHealth Group CEO Andrew Witty outlined five enterprise growth opportunities in a letter ahead of the company's Nov. 29 investor conference.
5. UnitedHealthcare is projecting 2023 revenue to range between $274 billion and $276 billion and earnings to range from $14.8 billion to $15.3 billion.
6. UnitedHealth Group's philanthropic arm, the United Health Foundation, is partnering with the American Nurses Foundation on a three-year, $3.1 million program aimed at fighting burnout among nurses.
7. Optum Labs, the innovation arm of UnitedHealth Group, has opened a digital health research hub at New York City-based Cornell Tech.
8. UnitedHealth Group is projecting revenue of $357 billion to $360 billion in 2023.
9. UnitedHealthcare and Renton, Wash.-based Providence Health reached a multiyear deal to keep nearly 3 million beneficiaries in network with the health system's physicians and facilities in California.