UnitedHealth’s Profit More Than Doubles in Q2
On Tuesday, UnitedHealth Group announced a second-quarter profit of $859 million, which is more than twice its $337 million profit in the same period a year ago. On Monday, UnitedHealth agreed to purchase Health Net's northeastern plans, with 578,000 members, for $510 million.
- "UnitedHealth's Q2 Profit More Than Doubles, Despite Falling Enrollment" (Niemela, Minneapolis/St. Paul Business Journal, 7/21).
- "Health Net Sells Northeastern Operations for $510M" (Robertson, Sacramento Business Journal, 7/21).