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🔊👂😲 We would love to hear your thoughts on this report: UnitedHealth Group emerged as the most profitable payer in the second quarter of 2023, despite concerns among major payers about rising utilization rates as patients resumed deferred healthcare services. UnitedHealth Group reported a substantial $5.5 billion in profit for the quarter and $11.1 billion for the first half of the year, outperforming its competitors. The closest rival in terms of second-quarter profit was CVS Health, with $1.9 billion, and $4 billion for the first half of the year. UnitedHealth also led in terms of revenue, reporting $92.9 billion for the second quarter and $184.8 billion for the first six months, though CVS Health closely followed with $88.9 billion in revenue for Q2 and $174.2 billion for H1. UnitedHealth Group's executives had previously warned of rising utilization rates, attributing them to patients seeking deferred services from the pandemic. https://lnkd.in/gnKh4Fs9 #inpatientacuitycaptureexperts #becauseeverypatientanddollarmatters #ruralhospitals #clinicaldocumentationintegrity #CDI #bestpractices #sandiola #hospitals #drgoptimization #healthcare #RROI #ROI #ruralhealthcare #technology #teamwork #healthcareprofessionals #acdis #healthcareproviders #healthcarechallenges #healthcareaccess #hospital #medicareadvantage #unitedhealthcare #humana #cvshealth

UnitedHealth was Q2's most profitable payer. Here's what its rivals earned

UnitedHealth was Q2's most profitable payer. Here's what its rivals earned

fiercehealthcare.com

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