Eden Prairie-based health care giant blasts finding based on just Affordable Care Act plans; researchers note limitations with data.
Your medical data is not as safe as you think. Discover how a massive ransomware attack exposed millions and the key steps to protect your privacy now.
UnitedHealth Group Inc.'s $69 million class settlement over the Wells Fargo & Co. target date funds offered by its 401(k) plan received initial court approval.
UnitedHealth says that the 2024 breach of Change Healthcare impacted the data of 190 million people, up from the prior estimate of 100 million people.
The cyberattack at UnitedHealth Group's tech unit last year affected the personal information of 190 million people, the health conglomerate said on Friday, making it the largest healthcare data breach in the United States.
The financial fallout has been severe. Profits for the company dropped by over a third in 2024, falling from around $22.3 billion in 2023 to approximately $14.4 billion last year. The projected total cost of recovery and remediation efforts is estimated to be between $2.3 billion and $2.5 billion.
UnitedHealth Group reported $14.4 billion in 2024 profits as its UnitedHealthcare health insurance and Optum provider services overcame rising costs and a cyberattack.
Updated tally at Change Healthcare, owned by the Eden Prairie-based health care giant, nearly doubles the number of people affected by the massive data breach.
Its earnings per share (EPS) were up 10.6% from the year-ago period to $6.81. "The people of UnitedHealth Group remain focused on making high-quality, affordable healthcare more available to more ...
UnitedHealth Group beat estimates for fourth quarter profit as the Eden Prairie-based health care giant released its first earnings report since the fatal ambush last month of top executive Brian Thompson in New York City.
In its first results since its insurance unit CEO was fatally shot in New York City, UnitedHealth Group reported Thursday weaker-than-expected fourth-quarter revenue, prompting its shares to fall in early morning trading despite quarterly profit beating projections.
Over half of the U.S. had private data stolen in a 2024 cyberattack at the insurance giant—far more than previous estimates.