UnitedHealth predicts first revenue decline in four decades; stocks plummet

UnitedHealth Group said Tuesday that revenue would fall this year for the first time in decades, following Monday’s lower-than-expected government Medicare reimbursement proposal for 2027, and that shares tumbled 19% as investors trimmed their earnings expectations.CEO Steve Hemsley emphasized a return to financial accuracy and streamlined operations, despite what could be the company’s first revenue […]