UHC Takes $900 Million Charge

OPEN MINDS, The Behavioral Health & Social Service Industry Analyst

Industry News

United Healthcare Corporation, (UHC) took a $900 million charge in its second quarter. The prospective charge is associated with the company's previously announced realignment into six business units, including the disposition of certain business units, product lines, and contracts; the transition to core systems platforms; and the consolidation of certain processing activities, according to an article in the August 7, 1998 edition of the New York Times. The company revealed the reorganization charge as the cause of its . . .