UnitedHealth Group touts dwelling visits as Amedisys deal continues

UnitedHealth Group touts dwelling visits as Amedisys deal continues

The house stays a strategic focus for UnitedHealth Group (NYSE: UNH), which continues to pursue its acquisition of dwelling well being care big Amedisys Inc. (Nasdaq: AMED).

Final 12 months, the corporate's medical professionals made 2.5 million dwelling visits by means of Medicare Benefit (MA).

“As a direct consequence, our clinicians recognized 300,000 seniors with pressing well being wants that will not have in any other case been recognized,” UnitedHealth Group CEO Andrew Witty mentioned Tuesday in the course of the firm’s second-quarter earnings name. “They linked greater than 500,000 seniors with crucial assets to assist them with unmet wants resembling meals insecurity, medicine, affordability, transportation and monetary help. Additionally they recognized and helped shut greater than 3 million gaps in care that made an actual distinction in individuals’s lives.”

Witty added that 75% of sufferers obtain follow-up therapy in a scientific setting inside 90 days of a house go to.

Moreover, UnitedHealth Group discovered that MA sufferers with power situations who obtain these dwelling visits have extra steady well being outcomes, spending much less time within the emergency room and different hospital settings than sufferers who pay for his or her companies, Witty mentioned.

“The underside line is that our dwelling visiting packages assist sufferers stay more healthy lives and save taxpayers cash,” he mentioned. “It's simply [MA] “That makes packages and outcomes like these potential.”

Dwelling well being evaluations are a distinguishing function of MA plans. They may also help plans determine power situations and maintain members out of the hospital, however additionally they generally permit MA plans to extend earnings.

Throughout the name, the UnitedHealth Group management workforce additionally commented once more on the cyberattack on Change Healthcare that occurred earlier this 12 months. Change Healthcare is an American billing and cost system and a subsidiary of UnitedHealth Group.

“Our focus is on the sufferers, suppliers and clients who depend on us to maintain the well being system working,” mentioned John Rex, president and CFO of UnitedHealth Group. “Cost and claims flows have returned to regular for many suppliers, however we all know that for some, this isn’t the case. We proceed to work with those that haven’t. UnitedHealth Group has offered greater than $9 billion in loans and advances to assist suppliers mitigate the influence of the assault, all without charge to them.”

Rex famous that the cyberattack on Change Healthcare impacted UnitedHealth Group's outcomes.

“This largely consists of the lack of income, mixed with the prices of holding these capabilities totally able to serve,” he mentioned. “Curiously, these impacts will not be excluded from adjusted earnings.”

Within the second quarter of 2024, UnitedHealth Group generated income of $73.9 billion, a rise of practically $4 billion from the identical interval final 12 months.

Optum — UnitedHealth Group’s well being care companies enterprise — reported Q2 income of $62.9 billion, up greater than $6 billion from the prior 12 months. The rise was led by Optum Rx and Optum Well being.

UnitedHealth Group declined to touch upon the pending acquisition of Amedisys. However Amedisys just lately agreed to promote areas to VitalCaring, which may pave the best way for the deal to shut.

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