January 20, 2022
  • UnitedHealth Group Inc.’s profits surged in the fourth quarter, surpassing its initial 2021 revenue and profit projections. The company’s net income reached $4.07 billion in Q4 2021, up from $2.21 billion the year before. The surge was driven by increased earnings from its Optum business, which operates one of the country’s biggest pharmacy benefits managers and has a network of providers, and its health insurance arm, which added beneficiaries to its Medicare Advantage and Medicaid plans. (Article here)