UnitedHealth (UNH) CEO Hemsley Vows Cost Controls as Q1 Earnings Fall Short
From Quiver Quantitative: 2025-06-03 01:10:00
UnitedHealth’s new CEO, Steve Hemsley, apologized for the company’s first earnings miss since 2008 and pledged to address rising care costs. The Medicare Advantage unit saw costs above forecast, leading to a suspension of 2025 guidance. Hemsley committed to incorporating elevated care cost assumptions into future pricing and reviewing forecasting models. Investors will look for accurate guidance tied to real medical cost trends and cost-control measures. Despite setbacks, UnitedHealth has a history of resilience and long-term value delivery. Hemsley expressed optimism about the company’s future and its capacity to resolve internal challenges.
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