UNITEDHEALTH GROUP INCORPORATED (Delaware) - UNH STOCK NEWS

UnitedHealthcare Community Plan of Mississippi has allocated over $285,000 in maternal health grants to eight organizations. This initiative targets enhancing maternal health outcomes and addressing disparities, particularly affecting Black women and infants. Grant recipients include Catholic Charities, Delta Health Alliance, and Mississippi Public Health Institute, among others, each receiving funds to support community-based programs and resources. Mississippi's low birth weight and preterm birth rates are rising, underscoring the need for such initiatives in a state ranked last nationally for maternal health outcomes.

UnitedHealthcare Community Plan of Tennessee is allocating over $276,000 in maternal health grants to six organizations aimed at enhancing maternal health outcomes and reducing disparities. The recipients include BSTARS, Catholic Charities of West Tennessee, Community Alliance for the Homeless, Mother to Mother, Nashville Diaper Connection, and SisterReach. The initiative arises amidst rising concerns about adverse maternal outcomes, particularly among Black women, with Tennessee ranking poorly in low birth weight and preterm births. This is part of UnitedHealthcare's larger commitment to address maternal health across the U.S.

UnitedHealthcare Community Plan of Ohio has allocated $240,000 in maternal health grants to five community organizations aiming to enhance maternal health outcomes and reduce disparities. This initiative addresses rising rates of preterm births and low birth weight, particularly affecting Black women. Grant recipients include Black Lactation Circle, Breastfeeding Outreach for Our Beautiful Sisters, Cradle Cincinnati, Healthy Moms & Babes, and Restoring Our Own Through Transformation, receiving amounts ranging from $28,000 to $75,000. UnitedHealthcare continues its commitment to maternal health across the U.S.

A new study published in the journal Obesity indicates that Rally Health's digital weight loss program, Real Appeal, leads to substantial medical cost savings. Over a three-year period, participants experienced a medical cost reduction of 12% to 14% compared to a control group while achieving average weight losses of 3% to 4.4%. The financial benefits were reported as being at least two times greater than program fees, highlighting the program's value for employers and payers.

UnitedHealth Group (NYSE: UNH) is scheduled to announce its Q1 2021 financial results on April 15, 2021, before market opening. Following this, a teleconference will take place at 8:45 a.m. ET to discuss results with analysts and investors, available via webcast on the Investor Relations page of the company’s website. The replay will be accessible until April 29, 2021. UnitedHealth Group operates through two main divisions: UnitedHealthcare for health care coverage and Optum for health services, aiming to improve health outcomes.

UnitedHealthcare Hearing has launched a new virtual care option called Right2You, aimed at improving access to custom-programmed hearing aids for individuals enrolled in eligible employer-sponsored and Medicare Advantage plans. This initiative could reduce the need for in-person fittings, potentially saving users 50% to 80% compared to traditional models. Following an online hearing test, customers can order hearing aids shipped directly to their homes, allowing for remote adjustments. The service is designed to enhance convenience and affordability for the 48 million Americans experiencing hearing loss.

The UnitedHealthcare Children’s Foundation (UHCCF) has awarded its 25,000^th grant, totaling over $54 million since its inception in 2007. UHCCF offers financial support for children's medical expenses not covered by insurance, with grants up to $5,000 annually. The milestone grant was awarded to a family in Arizona for their daughter’s heart condition treatments. UHCCF aims to reach 50,000 grants by 2030, continuing its mission to alleviate medical burdens on families across the U.S.

The board of directors of UnitedHealth Group (NYSE: UNH) has declared a cash dividend of $1.25 per share, set to be distributed on March 23, 2021. This payout will benefit shareholders recorded by the close of business on March 15, 2021. UnitedHealth Group is committed to enhancing health care accessibility and efficiency through its two main platforms: UnitedHealthcare and Optum, which focus on health coverage and technology-driven health services, respectively.

UnitedHealth Group has appointed Sir Andrew Witty as the new CEO, succeeding David S. Wichmann, who retired after leading the company through significant growth and challenges during the COVID-19 pandemic. Witty, who previously led Optum and served at GlaxoSmithKline, is expected to bolster the company’s strategic direction. The board reiterated its 2021 earnings outlook of $17.75 to $18.25 per share, signaling continued financial strength.