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UnitedHealth Group Announces Lower Profit Outlook, Will Restructure To Focus More On Regional Coverage
Source: Medical News Today E-Mail this News Story to a friend E-Mail this Story
Category: Health
Publication Date: Fri, 04 Jul 2008 10:00:00 PDT
News URL: http://www.medicalnewstoday.com/articles/113929.php
UnitedHealth Group Announces Lower Profit Outlook, Will Restructure To Focus More On Regional CoverageUnitedHealth Group on Wednesday lowered its earnings guidance because of reduced commercial businesses and higher-than-expected Medicare-related costs and said it would restructure the company with a greater focus on regional coverage, the Chicago Tribune reports (Chicago Tribune, 7/3). The insurer said that profits would drop about 16% from earlier estimates (Forster, St.
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