fraud investigation – Charm

UnitedHealth Group stock plummets on DOJ investigation report

UnitedHealth Group (UNH) had another rough day in trading Friday. Reports that the Department of Justice (DOJ) is investigating its Medicare Advantage insurance business sent the stock more than 8% lower in early trading. The civil fraud investigation, first reported by the Wall Street Journal, examines how UnitedHealth records diagnoses that boost payments from the…

DOJ probes UnitedHealth’s Medicare billing practices, WSJ reports; shares tumble

Cs news1 day ago03 mins

(Reuters) -The U.S. Justice Department has launched an investigation into UnitedHealth’s Medicare billing practices in recent months, the Wall Street Journal reported on Friday, citing people familiar with the matter. Shares of the company fell nearly 10% in premarket trading. Shares of other health insurers also fell before the bell. NYSE – Nasdaq Real Time…