UnitedHealthcare CEO Brian Thompson was shot useless Wednesday morning in New York Metropolis, the place UnitedHealth Group (NYSE: UNH) was internet hosting its annual investor convention.

New York Mayor Eric Adams referred to as it a “focused killing.” Town's police chief, Jessica Tisch, additionally described it as a “brazen, focused assault.”

UnitedHealth Group is likely one of the nation's largest firms and the biggest healthcare firm. UnitedHealthcare, which Thompson led, is the corporate's insurance coverage arm. UnitedHealthcare is the biggest Medicare Benefit (MA) administrator, that means it recurrently companions with dwelling well being suppliers throughout the nation.

Optum – the supplier of UnitedHealth Group – owns LHC Group, one of many prime dwelling well being care suppliers within the nation. Optum additionally agreed to the acquisition of Amedisys Inc. final 12 months. (Nasdaq: AMED), though that deal has not but been accomplished.

UnitedHealth Group's investor convention ended abruptly Wednesday after information of the capturing surfaced.

“We’re deeply saddened and shocked by the passing of our expensive pal and colleague Brian Thompson, CEO of UnitedHealthcare,” UnitedHealth Group mentioned in an announcement. “Brian was a extremely revered colleague and pal to all who labored with him. We’re working intently with the New York Police Division and ask in your endurance and understanding throughout this tough time. Our ideas exit to Brian's household and everybody who was near him.”

Thompson had served as CEO of UnitedHealthcare since April 2021. He beforehand led authorities packages for the insurer. He has labored on the firm since 2004.

At UnitedHealthcare headquarters in Minnetonka, Minnesota, flags had been lowered to half-staff in Thompson's honor.

The New York Metropolis Police Division has provided a $10,000 reward to anybody with related details about the capturing.