CLAIM #58744 · UnitedHealth Group Incorporated (UNH) · 2024Q2 earnings call · Jul 16, 2024 · due Dec 31, 2024
“I think now, I feel like we have this now and we're in good position and the rest of the year we've got a clear path how this plays out.”
Andrew Witty · CEO
In context
“er, we have increased the impact of the business disruption here. So as we bring those back, there's the pacing of those revenues coming back, taking sometimes a little bit more time to bring in, but that is our ambition, actually, as we look ahead. Andrew Witty: Thanks, John, Brian. I mean, again, just on this business interruption piece, I mean, I think in all honesty, we were a little optimistic in hindsight at the pace at which we thought people would come back in terms of putting their flow through the system once it was reconnected. I think as we've looked at the last several weeks, that momentum and pace, and particularly as we look at new clients come in and as well as returning clients feel good about where we are now. So I think probably a little overoptimistic three months ago. I think now, I feel like we have this now and we're in good position and the rest of the year we've got a clear path how this plays out. And I think the platform that we've rebuilt is going to serve people extremely well. Next question. Operator: We'll go next to Erin Wright with Morgan Stanley. Erin Wright: Great, thanks. So on the earlier topic of potential offsets, I wanted to ask on Optum Rx and with the recent level of industry attention kind of on the PBM business as well as kind of specialty pharmacy, how should we think about how those drivers are playing out relative to your expectations, whether it's biosimilars or GLP-1s in terms of that therapeutic category, how should we think about those near-term drivers across Optum Rx? Thanks. Andrew Witty: Erin, thanks so much for the question. Let me ask Heather, who runs Optum for us, to make a couple of comments on that, if you don't mind, Heather. Heather Cianfrocco:”
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SEC filings for UNH ↗ · Claim quote is verbatim from the 2024Q2 earnings call.