tradingkey.logo

UnitedHealth falls after WSJ report on US Justice department investigating co's Medicare billing

ReutersJul 9, 2025 10:04 AM

** Shares of health insurer UnitedHealth Group UNH.N fall 1.2% to $303.87 pre-market

** Investigators from the U.S. Department of Justice are questioning former employees of UNH over how the company deployed doctors and nurses to gather diagnoses that bolstered its Medicare payments, the Wall Street Journal reports, citing people familiar with the matter

** Former employees are being questioned as part of an ongoing criminal probe into UnitedHealth Group for potential Medicare fraud, which the Wall Street Journal first reported in May

** Employees had been questioned by prosecutors working for the healthcare-fraud unit in recent weeks, the report says

** The Federal Bureau of Investigation and the Department of Health and Human Services’ Office of Inspector General also participated in some of the interviews, according to the report

** UnitedHealth and the Department of Justice did not immediately respond to Reuters requests for comment

** Up to last close, stock down 39.2% YTD

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Tradingkey

Related Articles

Tradingkey
KeyAI