UnitedHealth Group discretely sold stakes in some of its business units to private equity firms near the end of 2024 in an effort to extend its long-running profit streak despite mounting internal cost pressures, Bloomberg reported July 15. According to the report, the deals included selling a controlling stake in Epic Hearing Healthcare to Warburg Pincus and finalized a deal involving a senior fitness program with KKR & Co. In total, UnitedHealth saw an additional $3.3 billion in profit stemming from asset sales by the end of the fourth quarter.
Read the full article: UnitedHealth Quietly Sold Assets to Improve Margins //
Source: https://www.beckerspayer.com/payer/unitedhealth-quietly-sold-assets-to-improve-margins-bloomberg/