UnitedHealth Group CEO Steps Down
Digest more
UnitedHealth Group surprises investors with what its CEO said was an "unusual and unacceptable" quarterly earnings miss, and lowers its outlook for the full year due to higher-than-expected medical costs, sparking a more than 20% selloff in shares that reverberated across the sector.
Healthcare company data breaches have leaked personal data of millions of people in recent years, and the CyberGuy offers ways to keep your information safe.
The head of UnitedHealth Group is stepping down, ending a rocky four years marked by rising medical costs, a major cyberattack, and the high-profile killing of an insurance executive.Andrew Witty has left his position as CEO of
The company lent roughly $9 billion to practices affected by a vast cyberattack on its payment systems last year. Medical practices are now suing the health care colossus, saying it is pressuring them to repay funds.
The personal information of more than 9,300 people may have been exposed in a recent data breach at health insurance company Blue Cross and Blue Shield of Illinois.
UnitedHealth issued approximately $8.9 billion ... 2024 cyberattack affected claims processing for months and compromised data of around 190 million people. Get prepared for the Fed’s next ...
The attack is said to have affected almost 190 million Americans, and was the largest US healthcare data ... used personal savings to keep practices afloat. It’s worth noting UnitedHealth ...
Andrew Witty is stepping down as UnitedHeath Group CEO for personal reasons, the company said Tuesday. He will be replaced by Stephen Hemsley, a longtime UnitedHeath Group executive who was CEO for about a decade and currently chairs the health insurer’s board of directors.