UnitedHealth Group has paid more than $2 billion to providers following cyberattack

UnitedHealth Group has paid more than  billion to providers following cyberattack

MY NUMBER 1 RECOMMENDATION TO LOSE WEIGHT: CLICK HERE UnitedHealth Group Inc. headquarters stands in Minnetonka, Minnesota, U.S. Mike Bradley | Bloomberg | Getty Images UnitedHealth Group said Monday that it’s paid out more than $2 billion to help health-care providers who have been affected by the cyberattack on subsidiary Change Healthcare. “We continue to … Read more

Biden administration investigating Change Healthcare cyberattack as disruptions continue

Biden administration investigating Change Healthcare cyberattack as disruptions continue

MY NUMBER 1 RECOMMENDATION TO LOSE WEIGHT: CLICK HERE In this photo illustration, the UnitedHealth Group logo is displayed on a tablet. Igor Golovniov | Sopa Images | Lightrocket | Getty Images The U.S. Department of Health and Human Services has launched an investigation into UnitedHealth Group following the cyberattack on its Change Healthcare unit … Read more

UnitedHealth working to restore Change Healthcare systems by mid-March, company says

UnitedHealth working to restore Change Healthcare systems by mid-March, company says

MY NUMBER 1 RECOMMENDATION TO LOSE WEIGHT: CLICK HERE In this photo illustration the UnitedHealth Group logo displayed on a smartphone screen.  Sheldon Cooper | Sopa Images | Lightrocket | Getty Images UnitedHealth Group on Thursday said it expects to restore Change Healthcare’s systems by mid-March, offering a potential resolution to the ransomware attack that … Read more

Change Healthcare sets up new electronic prescription service, funding program as cyberattack drags

Change Healthcare sets up new electronic prescription service, funding program as cyberattack drags

MY NUMBER 1 RECOMMENDATION TO LOSE WEIGHT: CLICK HERE In this photo illustration, UnitedHealth Group Inc logo seen displayed on a tablet. Igor Golovniov | Sopa Images | Lightrocket | Getty Images Change Healthcare on Friday said it’s finished setting up a new electronic prescription service, which could help provide some relief to pharmacies and … Read more

Outages from Change Healthcare cyberattack causing financial ‘mess’ for doctors

Outages from Change Healthcare cyberattack causing financial ‘mess’ for doctors

MY NUMBER 1 RECOMMENDATION TO LOSE WEIGHT: CLICK HERE Small private practices and health-care providers are facing mounting financial pressures as crucial reimbursement systems remain down for the ninth day, following the cyberattack on Change Healthcare.  Change Healthcare offers tools for payment and revenue cycle management that help facilitate transactions between providers and most major … Read more

Ransomware group Blackcat is behind cyberattack on UnitedHealth division, company says

Ransomware group Blackcat is behind cyberattack on UnitedHealth division, company says

MY NUMBER 1 RECOMMENDATION TO LOSE WEIGHT: CLICK HERE Change Healthcare on Thursday confirmed that ransomware group Blackcat is behind the ongoing cybersecurity attack that’s caused widespread disruptions to pharmacies and health systems across the U.S. “Our experts are working to address the matter and we are working closely with law enforcement and leading third-party … Read more

Healthy Returns: The newest treatment use for weight loss drugs? Liver disease

Healthy Returns: The newest treatment use for weight loss drugs? Liver disease

MY NUMBER 1 RECOMMENDATION TO LOSE WEIGHT: CLICK HERE Image of a healthy liver not ravaged by fatty liver disease. BSIP | Getty Images Think a friend or colleague should be getting this newsletter? Share this link with them to sign up. Good afternoon! Drugmakers aren’t just racing to develop drugs that treat obesity. They’re also competing to … Read more

UnitedHealth subsidiary Change Healthcare down for a fourth day following cyberattack

UnitedHealth subsidiary Change Healthcare down for a fourth day following cyberattack

MY NUMBER 1 RECOMMENDATION TO LOSE WEIGHT: CLICK HERE UnitedHealth Group Inc. headquarters stands in Minnetonka, Minnesota, U.S. Mike Bradley | Bloomberg | Getty Images Change Healthcare’s systems are down for a fourth straight day after parent company UnitedHealth Group disclosed that a suspected cybersecurity threat actor gained access to part of its information technology … Read more

Humana stock plunges on dismal 2024 forecast, as insurers face soaring medical costs

Humana stock plunges on dismal 2024 forecast, as insurers face soaring medical costs

MY NUMBER 1 RECOMMENDATION TO LOSE WEIGHT: CLICK HERE Signage is displayed on a Humana Inc. office building in Louisville, Kentucky, U.S., on Sunday, Feb. 3, 2019. Humana is scheduled to release earnings figures on February 6. Photographer: Luke Sharrett/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Shares of Humana plummeted on Thursday … Read more

Tyson Foods drops CVS for upstart pharmacy benefit manager, as industry upheaval over cost concerns spreads

Tyson Foods drops CVS for upstart pharmacy benefit manager, as industry upheaval over cost concerns spreads

MY NUMBER 1 RECOMMENDATION TO LOSE WEIGHT: CLICK HERE Tyson Foods Inc., sign at Tyson headquarters in Springdale, Ark. April L. Brown | AP Tyson Foods will become one of the first Fortune 100 companies to stop using the nation’s traditional large pharmacy benefits managers, as it looks to cut spending on high-cost drugs.    … Read more

Why we like health-care stocks in 2024 despite their spotty record in presidential election years

Why we like health-care stocks in 2024 despite their spotty record in presidential election years

MY NUMBER 1 RECOMMENDATION TO LOSE WEIGHT: CLICK HERE As the old Wall Street adage goes, health care tends to underperform the stock market in presidential election years — and in recent cycles, that’s been true. But, there’s reason to believe this year that many health-related stocks, led by Eli Lilly , could defy historical … Read more

4 stock ideas I brought back from the JPMorgan Healthcare Conference and everything else I learned about the industry

4 stock ideas I brought back from the JPMorgan Healthcare Conference and everything else I learned about the industry

MY NUMBER 1 RECOMMENDATION TO LOSE WEIGHT: CLICK HERE Health care may be a real challenger to tech this year, a business that can actually grow faster than most of tech and has the possibility of a comeback from the Covid straitjacket that so many of these companies got caught up in. The pandemic obscured … Read more

Eli Lilly’s direct drug sales may not upend the industry alone – but others could follow suit

Eli Lilly’s direct drug sales may not upend the industry alone – but others could follow suit

MY NUMBER 1 RECOMMENDATION TO LOSE WEIGHT: CLICK HERE Sopa Images | Lightrocket | Getty Images Eli Lilly is shaking up the pharmaceutical industry with a new website offering telehealth prescriptions and direct home delivery of certain drugs, including its red-hot weight loss treatment Zepbound, to expand patient access.  The company’s direct-to-consumer push announced Thursday, … Read more

Here are the big health sector themes to watch next year

Here are the big health sector themes to watch next year

MY NUMBER 1 RECOMMENDATION TO LOSE WEIGHT: CLICK HERE An employee works on the production line of pharmaceutical company Zentiva in Prague, Czech Republic, May 6, 2021. David W. Cerny | Reuters The health-care sector has wiped out much of its losses for the year during the December market rally. Beaten-down biotech and medical device … Read more

Flying solo without Cigna will keep Humana focused on 2 big priorities in the year ahead

Flying solo without Cigna will keep Humana focused on 2 big priorities in the year ahead

MY NUMBER 1 RECOMMENDATION TO LOSE WEIGHT: CLICK HERE It looks like Cigna has scrapped its takeover bid for Club holding Humana , removing a dark cloud over both stocks that’s lingered since the acquisition talks surfaced nearly two weeks ago. Cigna and Humana were unable to agree on an acquisition price and other financial … Read more

The sell-off in Humana is overdone after strong earnings. Jim Cramer says buy the stock

The sell-off in Humana is overdone after strong earnings. Jim Cramer says buy the stock

MY NUMBER 1 RECOMMENDATION TO LOSE WEIGHT: CLICK HERE The post-earnings decline in Humana (HUM) shares Wednesday was overdone, providing investors an opportunity to add to their positions in the Medicare Advantage-focused health insurer. The Club holding remains on solid ground after delivering a top- and bottom-line beat in the third quarter. Revenue for the … Read more

UnitedHealth is back and lifting other health-care stocks with it, Jim Cramer says

Ransomware group Blackcat is behind cyberattack on UnitedHealth division, company says

MY NUMBER 1 RECOMMENDATION TO LOSE WEIGHT: CLICK HERE Traders work at the post where UnitedHealth Group is traded on the floor of the New York Stock Exchange. Brendan McDermid | Reuters UnitedHealth Group‘s (UNH) quality quarterly results Friday are a good sign for the broader health-care landscape, CNBC’s Jim Cramer said. The managed-care giant … Read more

We’re booking some profits on this health insurance stock after waiting out its slump

We’re booking some profits on this health insurance stock after waiting out its slump

MY NUMBER 1 RECOMMENDATION TO LOSE WEIGHT: CLICK HERE It’s taken some patience. But shares of this company finally broke through $500 each in Friday trading, so we’re ringing the register. . MY NUMBER 1 RECOMMENDATION TO LOSE WEIGHT: CLICK HERE Source

Health care has had a tough year. Where we stand on our 5 stocks in the sector

Health care has had a tough year. Where we stand on our 5 stocks in the sector

MY NUMBER 1 RECOMMENDATION TO LOSE WEIGHT: CLICK HERE There’s Eli Lilly (LLY), and then there’s everybody else. That’s a simple way to describe the performance of the Club’s health-care holdings so far this year, in what’s been a challenging period for the industry overall. Of the 11 market sectors year to date, health care … Read more

CVS stock plunges after Blue Shield of California drops company’s PBM to save on drug costs

CVS stock plunges after Blue Shield of California drops company’s PBM to save on drug costs

MY NUMBER 1 RECOMMENDATION TO LOSE WEIGHT: CLICK HERE A CVS location in New York, US, on Thursday, Feb. 9, 2023. Stephanie Keith | Bloomberg | Getty Images Shares of CVS Health plunged 9% on Thursday after Blue Shield of California said it will drop the company’s pharmacy benefit management services and instead partner with … Read more

How hospitals are using A.I. to fight doctor burnout

How hospitals are using A.I. to fight doctor burnout

MY NUMBER 1 RECOMMENDATION TO LOSE WEIGHT: CLICK HERE When Dr. Tra’chella Johnson Foy greets her patients, she sits across from them facing away from the computer in the exam room. Then, she pulls out her phone, and asks for permission to record the appointment. “It listens in on our visit so I can pay … Read more

Humana calms Wall Street’s jitters with quarterly results, clearing way for stock to run higher

Humana calms Wall Street’s jitters with quarterly results, clearing way for stock to run higher

MY NUMBER 1 RECOMMENDATION TO LOSE WEIGHT: CLICK HERE Humana (HUM) reported second-quarter results Wednesday that were much better than feared, sending its stock price soaring and giving us the confidence to stick with the jilted health insurer. Revenue for the three months ended June 30 rose 13% year-over-year, to $26.75 billion, exceeding analysts’ estimates … Read more

Humana shares rise after insurer says medical costs came in lower than expected

Humana shares rise after insurer says medical costs came in lower than expected

MY NUMBER 1 RECOMMENDATION TO LOSE WEIGHT: CLICK HERE A Humana office in Louisville, Kentucky, US, on Monday, July 31, 2023. Jon Cherry | Bloomberg | Getty Images Humana shares rose Wednesday after the health insurer said medical costs came in lower than expected during its second-quarter earnings report. The results ease investor concerns two … Read more

Johnson & Johnson beats earnings, raises full-year guidance as medical technology sales rise

Johnson & Johnson beats earnings, raises full-year guidance as medical technology sales rise

MY NUMBER 1 RECOMMENDATION TO LOSE WEIGHT: CLICK HERE In this photo illustration, a stock trading chart of Johnson and Johnson is seen on a smartphone screen. Rafael Henrique | SOPA Images | LightRocket | Getty Images Johnson & Johnson on Thursday reported second-quarter revenue and adjusted earnings that beat Wall Street expectations and lifted … Read more

UnitedHealth stock jumps on top earnings estimates despite rising health care costs

UnitedHealth stock jumps on top earnings estimates despite rising health care costs

MY NUMBER 1 RECOMMENDATION TO LOSE WEIGHT: CLICK HERE Representatives talk to customers at a UnitedHealthcare store in Queens, New York. Michael Nagle | Bloomberg | Getty Images UnitedHealth Group’The stock price jumped on Friday after the healthcare conglomerate’s report second quarter revenue and adjusted earnings which nevertheless exceeded Wall Street expectations rising medical costs. … Read more

Investing Club meeting recap: Profit on bookings remains prudent as Wall Street rallies

Investing Club meeting recap: Profit on bookings remains prudent as Wall Street rallies

MY NUMBER 1 RECOMMENDATION TO LOSE WEIGHT: CLICK HERE Every weekday, the CNBC Investing Club with Jim Cramer hosts “The Morning Briefing” live at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. Big Winners Book Profits Emerson Captures Rise Humane Shares Stabilize 1 Wall Street’s big winners book profits rose Thursday, led by … Read more

Health insurance stocks fell after UnitedHealth warned that more surgeries would drive up medical costs

Health insurance stocks fell after UnitedHealth warned that more surgeries would drive up medical costs

MY NUMBER 1 RECOMMENDATION TO LOSE WEIGHT: CLICK HERE Shares of health insurers fell on Wednesday after UnitedHealth Group pointed out to higher ups medical expenses as older Americans start catching up they are in surgery with delay during the Covid pandemic. Shares of UnitedHealth, the largest U.S. health care provider by market value, fell … Read more

How UnitedHealth Group Became Bigger Than the Nation’s Biggest Banks

How UnitedHealth Group Became Bigger Than the Nation’s Biggest Banks

MY NUMBER 1 RECOMMENDATION TO LOSE WEIGHT: CLICK HERE UnitedHealth Group has the highest price per share of any company on the Dow Jones Industrial Average and is the tenth-heaviest stock on the S&P 500. In fact, UnitedHealth is not only the largest healthcare conglomerate in the United States by market cap and revenue, it’s … Read more

The CEOs of Eli Lilly, Novo Nordisk and Sanofi will testify before the Senate about lowering insulin prices

The CEOs of Eli Lilly, Novo Nordisk and Sanofi will testify before the Senate about lowering insulin prices

MY NUMBER 1 RECOMMENDATION TO LOSE WEIGHT: CLICK HERE This photo shows an insulin pen from Novo Nordisk on March 14, 2023 in Miami, Florida. Joe Raedle | News Getty Images | Getty Images Management of three pharmaceutical companies that control 90% of the world insulin trg will testify before the Senate Health Committee on … Read more

Biden’s proposal to cap all insulin prices at $35 a month has little chance of passing Congress

Biden’s proposal to cap all insulin prices at  a month has little chance of passing Congress

MY NUMBER 1 RECOMMENDATION TO LOSE WEIGHT: CLICK HERE President Joe Biden delivers the State of the Union address to a joint session of Congress on February 7, 2023 Pool | Getty Images President Joe Biden used the bully pulpit during his State of the Union address this week to call for a blanket cap … Read more

We are excited about the good quarter and the rosy outlook of the health insurance company Humana for the next year

We are excited about the good quarter and the rosy outlook of the health insurance company Humana for the next year

MY NUMBER 1 RECOMMENDATION TO LOSE WEIGHT: CLICK HERE Club holding company Humana ( HUM ) reported a mixed but solid third quarter ahead of Wednesday’s open. Early optimism about 2023 also supported our bullish view on the health insurance company’s stock. Revenue rose 9% year-over-year to $22.75 billion, slightly missing estimates of $22.76 billion, … Read more

Deutsche Bank is building on Humana for the same reasons we own this big 2022 winner

Deutsche Bank is building on Humana for the same reasons we own this big 2022 winner

MY NUMBER 1 RECOMMENDATION TO LOSE WEIGHT: CLICK HERE Analysts at Deutsche Bank took Humana to a buy rating, citing its “leadership in Medicare Advantage.” . MY NUMBER 1 RECOMMENDATION TO LOSE WEIGHT: CLICK HERE Source

3 Conclusions of our Daily Session: New Market Leaders, Banks Report, Club Shares Next Week

3 Conclusions of our Daily Session: New Market Leaders, Banks Report, Club Shares Next Week

MY NUMBER 1 RECOMMENDATION TO LOSE WEIGHT: CLICK HERE Every weekday, the CNBC Investing Club with Jim Cramer hosts “The Morning Briefing” live at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. Healthcare & Banks JNJ Bank Stocks Club, PG, DHR Report Next Week 1. Healthcare & Banks On Friday morning, Jim Cramer … Read more

Bargains in three stocks we like for the long term give us a chance to cut and cash in

Bargains in three stocks we like for the long term give us a chance to cut and cash in

MY NUMBER 1 RECOMMENDATION TO LOSE WEIGHT: CLICK HERE We’re taking advantage of Friday’s market rally and selling some stocks of companies we still like for the long term on strength. . MY NUMBER 1 RECOMMENDATION TO LOSE WEIGHT: CLICK HERE Source

Amazon is launching its nationwide telehealth service

Amazon is launching its nationwide telehealth service

MY NUMBER 1 RECOMMENDATION TO LOSE WEIGHT: CLICK HERE Amazon employees were told they could get on-call medical care Amazon The company is launching its telehealth service, known as Amazon Care, across the country, the company announced Tuesday. Amazon Care launched in 2019 as a pilot program for employees at the company’s headquarters in Seattle … Read more

Three things you can see from today’s Clover Health earnings in the third quarter

Three things you can see from today’s Clover Health earnings in the third quarter

MY NUMBER 1 RECOMMENDATION TO LOSE WEIGHT: CLICK HERE Healthcare startup Clover Health reported its third-quarter profit on Monday, with the rise in Covid delta cases hanging above its results. Clover Health is a Medicare Advantage insurance company focused on using data-based primary care to reduce healthcare costs. Here are three things to keep in … Read more

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