Also the shareholders said “we don’t care” pay money and spent what you want on lobbying and executive pay. Now shareholders are “gold” here and will receive higher and more frequent dividends, don’ know what kind of shareholders and board members these are here. The CEO is holding to his words “our shareholders will prosper” and whether or not members get care when they need it remains to be seen.
Employers in Orange County Looking for New HMO Contracts as St. Josephs and Some Others Begin Cancelling Agreements with Pacificare (UnitedHeatlhCare) – Employer Capitation Contracts
We have some of that action going on now in California with major employers with the merging of Pacificare having to make other arrangements for their HMO Services,
UnitedHealth Shareholders Say We Don’t Care What Executives Earn and What Is Spent on Lobbying – Go For It
United just bought a big company in China to help get Chinese drugs and medical devices to market and that includes the US where they claim to already have collaborative efforts with the FDA.
UnitedHealth subsidiary (Ingenix Subsidiary I3) Acquires ChinaGate – Working to Sell Chinese Products Globally
Is healthcare being created and analyzed for better patient care here? Looks like all profit to me. The link below goes through a number of their technology interests and the new wellness and other companies they have purchased within the last few months.
Ingenix (UnitedHealthCare Subsidiary) Creates Desktop Software for Employers to Analyze Employee Benefit Use To Help Cut Costs – More Analytics and Algorithms To Save That Buck
You might find some other interesting items in this post below on how companies are using algorithms for profit. Don’t forget the pay for performance efforts going to Walgreens and the YMCA to run you down and sign up for one of their programs too, they will be motivated if there’s a few dollars to be made.
Technology Has Been Abused for Profit –Algorithmic Formulas Used to Further the Stance of Greed on Wall Street and in Healthcare Organizations Traded on the Exchanges
I try to keep all updated as best I can on what is perhaps going on behind the scenes as within short amounts of time they surface and sometimes without provisions or laws to govern as they are way ahead of Congress with their knowledge, analysis processes and use of algorithms for profit. BD
UnitedHealth Group Inc.'s shareholders have griped in the past that the company doesn't distribute large enough dividends. Now, the health insurer is sharply boosting its dividends, and will begin paying them out quarterly, rather than once a year.
The Minnetonka-based company said Wednesday it will begin paying a quarterly dividend of 12.5 cents per share. Previously, it paid an annual dividend of 3 cents per share.