UnitedHealth falls on report it secretly paid nursing homes to reduce hospital transfers

From Yahoo Finance: 2025-05-21 07:37:00

UnitedHealth shares dropped more than 6% after reports of secret payments to nursing homes surfaced, saving millions but risking residents’ health. Cyberattack, probes, and CEO departure have contributed to a tumultuous year for the company. DoJ investigation found factual inaccuracies in the allegations. HSBC downgraded stock, citing potential challenges ahead. CEO Stephen Hemsley aims to lead the company through the crisis and restore credibility.

Read more: UnitedHealth falls on report it secretly paid nursing homes to reduce hospital transfers