UnitedHealth Falls After Report It Secretly Paid Nursing Homes to Reduce Hospital Transfers
- In May 2025, UnitedHealth Group's stock value dropped significantly after a Guardian investigation revealed the company secretly compensated nursing home staff with bonuses aimed at lowering the number of hospital admissions.
- The allegations surfaced amid a multiyear Department of Justice investigation into Medicare fraud claims and congressional whistleblower statements targeting UnitedHealth's Medicare Advantage program.
- Internal records showed UnitedHealth offered financial bonuses tied to hospitalization rates, incentivizing nursing home staff to delay or deny hospital care, sometimes causing severe patient harm and permanent brain damage.
- UnitedHealth’s stock dropped by 17% last Thursday, lost about $63 billion in market value within a month, and HSBC downgraded its shares citing a "kitchen sinking opportunity" amid halted 2025 financial guidance.
- The combined impact of these events suggests prolonged challenges for UnitedHealth, with continued investor skepticism and uncertainties over regulatory and financial recovery ahead.
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UnitedHealth, the health insurer whose CEO was allegedly assassinated outside a hotel in New York City, secretly paid nursing homes not to transfer seriously ill patients to hospitals. The Guardian reports that the cost-cutting plan "saved the company millions" at the cost of patients' health. — Read the rest The post UnitedHealth secretly paid nursing homes not to transfer patients to hospitals appeared first on Boing Boing.
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