Stock has cratered by half over the past four months. Optum's margins tanked by nearly 10% overall from Q4 2024 - Q1 2025. Witty suspends guidance, says UHG didn't perform up to expectations, and says "we are aggressively addressing those challenges" before stepping down. Leadership pushing AI like I've never seen before. You cannot tell me there isn't going to be a downsizing in the next two months.
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Whitty and his cronies are laughing all the way to the bank
More bad news for Medicare Advantage and United Health. They are ramping up the audits. Can you imagine the HHS had 30 coders doing the audits in all these plans. Now it will be 2000.
Replace leadership with AI.
At this point UHG is probably seriously debating divesting the Medicare advantage market because of all the scrutiny. They cannot afford the added scrutiny. Or they will consider divesting pieces of Optum to get the heat off of them.
July usually has a good amount of layoffs in the US and a shifting of executive leaders. It seems every 2-3 years all the VPs get moved into less visible roles then vanish.