Fee-For-Service Exodus Boosts UnitedHealth By $2 Billion

April 16, 2015 6:54 PM

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Fee-For-Service Exodus Boosts UnitedHealth By $2 Billion

UnitedHealth Group UnitedHealth Group (UNH) says its revenue this year will increase by $2 billion more than earlier projected for 2015 thanks in part to its expansion on public exchanges under the Affordable Care Act and its push to more value-based care contracts with doctors and hospitals.

The outlook, which includes increased earnings projections for this year as well, came as the company beat Wall Street’s earnings projections for the first quarter, reporting $1.4 billion in profits on nearly $35.8 billion in revenue. By comparison, profits were $1.1 billion on $31.7 billion in the ...

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