UnitedHealth rises despite mixed Q2 earnings, hack impacts

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Unitedhealth Group News

Earnings Per Share,Pre-Market Trading,Change Healthcare

UnitedHealth Group (UNH) shares are rising in Tuesday's pre-market trading after reporting mixed second-quarter earnings: adjusted earnings per share beating...

) shares are rising in Tuesday's pre-market trading after reporting mixed second-quarter earnings: adjusted earnings per share beating estimates with $6.80 while revenue fell just shy of estimates with $98.86 billion .joins The Morning Brief team to talk all this plus UnitedHealthcare's earnings call, patient coverage, and its use of AI.

So when we look at the change health care impact, not only has the impact been greater than expected, 1.1 billion in the quarter alone.So already hitting quite a high number there. So that's another thing investors have been looking for whether or not that will decrease throughout the rest of the year.

I also heard uh the CEO talk about A I and sort of the use of helping drive down costs but not in the gen uh uh like chat G BT kind of way, right?It's more on how technology is actually help helping to drive down costs even though they've gotten in trouble in the past over that.So they had, they were using A I to handle Medicare advantage claims and that had been uh leading to a lot of denials.

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