Here’s what you need to know:
1. The payer announced its Medicare and Medicaid business has 14.9 million customers in its fiscal year 2017 first quarter results.
2. The company expanded its Medicare and Medicaid offerings. For the payer, the two government programs remain lucrative. UnitedHealthcare pulled out of the ACA exchanges after offering coverage in 34 states last year.
3. UnitedHealthcare expects its FY 2017 earnings will be between $9.65 and $9.85 per share. Analysts project earnings of $9.51 EPS.
4. In Q1, the payer posted earnings of $2.37 a share, above analyst expectations of $2.17 EPS.
More articles on coding, billing and collections:
Anthem selects Alegeus for consumer-directed healthcare solutions partnership: 3 notes
Online patient community advocates for transparent drug pricing practices
The 4 secrets to scaling your business
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.
