Cardinal Health says contracts with UnitedHealth's OptumRx will not be renewed [Yahoo! Finance]
UnitedHealth Group Incorporated (DE) (UNH)
Last unitedhealth group incorporated (de) earnings: 4/15 05:55 am
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Source: Yahoo! Finance
The drug distributor said it expects to partially offset the impact of losing the OptumRx contracts through a combination of new customer wins and growth in its specialty pharmacy business. "We are excited about the many other opportunities in the marketplace, such as the onboarding of new customers and the additional capabilities from the integration of Specialty Networks in fiscal 2025," said Debbie Weitzman, CEO of the company's pharmaceutical and specialty solutions division. Cardinal Health declined to provide any further comment on the OptumRx contracts. OptumRx is a pharmacy benefit manager which acts as an intermediary between insurers and drugmakers to negotiate the prices of prescription drugs. (Reporting by Mariam Sunny in Bengaluru; Editing by Krishna Chandra Eluri)
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UNH
Earnings
- 4/16/24 - Beat
UNH
Sec Filings
- 4/24/24 - Form 8-K/A
- 4/22/24 - Form DEFA14A
- 4/22/24 - Form DEF
- UNH's page on the SEC website