untitled design

Tag: Optum

UnitedHealth Group Posts Earnings Exceeding Estimates Amid Increasing Medical Costs

UnitedHealth Group Posts Earnings Exceeding Estimates Amid Increasing Medical Costs

UnitedHealth Group released fourth-quarter results Wednesday, topping Wall Street’s estimates of profit and revenue. The increasing medical costs of the Group’s Insurance business UnitedHealthcare were offset by earnings of the Group’s medical services business, Optum. Shares rose slightly in the premarket trading post the earnings release.