UnitedHealth Group Inc., the biggest U.S. health insurer, reported third-quarter sales below analysts’ expectations while declining to raise its profit projections, driving shares down the most in two years.
Amedisys Inc., Gentiva Health Services Inc. and other in-home health-care providers tumbled in New York trading after the U.S. Medicare program announced plans to cut company payments by 1.5 percent on average in 2014.
Less than two months before health exchanges open to the public, hospitals are asking to change a part of the Affordable Care Act that leaves them at financial risk for patients who fall behind on their insurance premiums.
UnitedHealth Group Inc., the biggest U.S. health insurer, reported second-quarter profit that beat analysts’ estimates, as a Brazilian acquisition and gains in U.S. plans swelled enrollment by 25 percent. Shares jumped the most in about two years.
Community Health Systems Inc. ’s unsolicited $3.3 billion offer for Tenet Healthcare Corp . may prompt rival suitors as it seeks to become the largest U.S. hospital operator. Tenet’s shares rose 55 percent.
Investors betting on HCA Holdings Inc. and its hospital-company brethren needn’t worry about patient admissions or earnings. To see where the stocks may go, just watch President Barack Obama’s poll numbers.