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BUZZ-UnitedHealth falls on report of DOJ's probe into co's Medicare billing practices

Reuters
2025/02/21
BUZZ-UnitedHealth falls on report of DOJ's probe into co's Medicare billing practices

** Shares of healthcare conglomerate UnitedHealth UNH.N fall 8.7% to $458.7 premarket

** U.S. Department of Justice launched investigation into co's Medicare billing practices in recent months, Wall Street Journal reports, citing people familiar with the matter

** DOJ's new civil fraud investigation is examining UNH's practices for recording diagnoses that trigger extra payments to its Medicare Advantage plans, according to the newspaper

** Stock has fallen ~5% in last 12 months

(Reporting by Padmanabhan Ananthan)

((Padmanabhan.Ananthan@thomsonreuters.com;))

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