MINNEAPOLIS - UnitedHealth Group Inc. cleared its decks of bad news yesterday, announcing a lower profit outlook, a restructuring that will trim 4,000 jobs, and a $900 million payout to settle a class-action lawsuit over options backdating.[...]
Fiserv has sold 51% of its insurance business, including third party biller Third Party Solutions to a private equity firm. The buyer, Stone Point Capital, also owns workers comp managed care firm Genex and multiple other insurance-related companies, including brokerage, investment, distribution, reinsurance, technology, and claims services. Fiserv will continue [...]
Shares of Clearwater-based Lincare Holdings (LNCR), the provider of home respiratory-therapy services, fell the most in almost five years after an analyst said Medicare changes may hurt earnings.[...]
A Miami Lakes couple who built a billing empire by submitting about $420 million in false claims for medical equipment to Medicare has pleaded guilty to fraud charges in Miami federal court, authorities said Wednesday.[...]
Investors at first cheered the managed care provider's plans to cut costs on July 2, but the shares wound up closing lower amid increasing concerns about its margins[...]
By Sarah Arnquist The American Medical Association this week began a television ad campaign, lambasting Republican Senators who failed to prevent the July 1 automatic 10.6 percent Medicare physician fee cut. In the one-minute ad, AMA President Nancy Nielsen says,[...]
