The aftershocks of UnitedHealth Group’s discouraging first quarter continue to reverberate, and financial analysts question when — not if — the industry giant’s struggles with an evolving Medicare Advantage market will spread to risk-bearing providers and technology companies. Investors had already grown dubious that value-based care companies would fulfill their promise to make healthcare better and cheaper, based on a mostly middling track record to date. UnitedHealth Group’s disappointing first quarter earnings, which led Andrew Witty to step down as CEO and be replaced by Chair and former CEO Stephen Hemsley, sparked worry that the company’s subcontractors would get pulled down with it.
Read the full article: UnitedHealth Woes Incite Worry About Its Value-Based Partners //
Source: https://www.modernhealthcare.com/insurance/unitedhealth-agilon-health-p3-health-partners