By Matthew Holt In an attempt to put that messy options back-dating business behind it, yesterday United HealthGroup settled with CalPERS (the ever vigilant pension fund of California state employees) and other class action suit members. And settled for a[...]

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.[...]

Check out the latest edition of the Cavalcade of Risk, hosted at Colorado Health Insurance Insider.[...]