CLAIM #58611 · UnitedHealth Group Incorporated (UNH) · 2023Q1 earnings call · Apr 14, 2023 · due Jun 30, 2023
“I put that in the zone of $100 million or so of impact in the quarter and expect that to be a little bit higher actually in the second quarter also.”
John Rex · CFO
In context
“h EPS year-over-year. Wondering if you can kind of walk through the moving parts there. I know you talked about spending more money on change, for instance. And then just anything on DCP, what range should we be thinking about there in terms of going forward? Is this a kind of – it went down in the quarter. Is this a more normal range? Kind of where do you see that kind of settling out for the year? Thanks. Andrew Witty: Yes. Justin, thanks so much. I’ll ask John Rex to comment there, please. John Rex: Hi, good morning, Justin, so a few thoughts here in terms of seasonality comments. So yes, this quarter reflected some impacts actually from Change also, so I wouldn’t call that seasonality. But these are investments we’re making as we integrate and we build OptumInsight for the future. And I put that in the zone of $100 million or so of impact in the quarter and expect that to be a little bit higher actually in the second quarter also. In terms of full year seasonality, also, I just want to give a little commentary on that. I expect that to be kind of in the zone of what we have historically done, where you see just a little bit more than half of the earnings generated in the second half of the year versus the first half of the year. So more similar to if you look to kind of pre-2019 and back, those kind of patterns, that we would typically show. On your commentary – on your question on DCPs and expectations there, at this level, I would tell you, is probably more in the level that we typically would have run also pre-pandemic in terms of the levels of date clients payable that we would typically run, a few things just in terms of commentary and just seeing some of the impacts just to get really close on it. So, in addi”
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SEC filings for UNH ↗ · Claim quote is verbatim from the 2023Q1 earnings call.