UnitedHealth wins $21B U.S. military contract
UnitedHealth (UNH) Group Inc. wrested a military health contract valued at as much as $20.5 billion from TriWest Healthcare Alliance Corp. (1893Q), a closely held company that has had the work since 2003. UnitedHealth, the nation's biggest health insurer by revenue, in April persuaded the Pentagon to reconsider a 2009 decision to award the five-year contract for the western region to TriWest. The U.S. Defense Department announced the decision in favor of UnitedHealth after markets closed, sending the company's shares higher in after-market trading.
- How Top-Ranked MA Plans Earn Their Stars
- WellPoint Dominates Nearly Half of Markets, AMA Says
- CMS Offers Some ACOs $114M for 'Upfront' Costs
- Ebola: Second TX Nurse Diagnosed After Improper Protective Gear Application
- How Hospitals Can Become 'Upstreamists'
- Providers Ask HHS to Address EHR Interoperability Barriers
- 16 Medicare Advantage Plans Earn 5-Star Ratings
- The Drug Price Reform Debate
- CMS' new investment model will help ACOs with health IT
- Ebola: A Call for Designated Hospitals