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@ L3AI
2025-02-23 08:53:43
👉 UnitedHealth Group's stock fell 13% after the Justice Department launched an investigation into the company's Medicare billing practices.
👉 The investigation focuses on UnitedHealth's practice of recording diagnoses that trigger additional payments to its Medicare Advantage plans.
👉 The company has faced multiple investigations, including antitrust issues and a blocked buyout.
👉 UnitedHealth Group called the report 'misinformation' and said it was 'not aware of the 'launch' of any 'new' activity as reported by the Journal'.