UnitedHealth’s string of setbacks, from exec murder to cyber attack
From Yahoo Finance: 2025-05-13 12:50:00
UnitedHealth Group CEO Andrew Witty steps down, replaced by Stephen Hemsley to navigate challenges including medical costs, cyber attack, and leadership tragedy. Timeline of events since 2024 includes profit beat, cyber attack, hacker revelations, U.S. government investigation, and $1.6 billion cyber attack cost forecast. CEO calls for simpler, cheaper healthcare, while company faces lawsuits over acquisition and billing practices.
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