Category: Finance, Financial management, Business

UnitedHealth Group praises Optum, hits $400.3 billion in revenue

UnitedHealth Group’s 2024 revenues hit $400.3 billion in 2024 – a 6% year-over-year increase –  and full-year earnings from operations were $32.3 billion.
CEO Andrew Witty attributed much of this performance to a strong showing from pharmacy benefit ma…

Walgreens posts $265 million net loss in Q1

Citing lower retail sales, Walgreens said it has lost $265 million in its first fiscal quarter, which ended November 30 – a sharp decline

Not-for-profit hospital outlook upgraded to neutral

U.S. nonprofit hospitals have made some meaningful strides over the past few months – enough for Fitch Ratings to revise its outlook from deteriorating to neutral, the rating agency said this week.

Hospital margins climb to 5.1% in September

Hospital operating margins inched upward for a second consecutive month, with new data from Strata showing the median year-to-date (YTD) operating margin for hospitals nationwide rose to 5.1% in September, up from 4.9% in August and 4.8% in July.

Rite Aid comes out of Chapter 11 bankruptcy

The Rite Aid Corporation said it has successfully completed its financial restructuring and emerged from Chapter 11 bankruptcy, cutting about $2 billion worth of total debt and adding $2.5 billion in exit financing.
The company said it would now have a…