Medicaid Managed Care-Unitedhealthcare-Medicaid Program-Company

UnitedHealthcare loses $15 million on D.C. Medicaid in 2011

D.C. political benefactor extraordinaire Jeffrey Thompson might make a lot of money by running the District’s Medicaid program, but his company’s smaller competitor can’t seem turn the trick.UnitedHealthcare Community Plan, the smaller of D.C.’s two Medicaid managed care contractors, lost $15 million on $181 million in revenue in 2012, its fourth consecutive money-losing year, according to an annual report recently filed with District insurance regulators.The company, a subsidiary of... (Source: bizjournals.com Health Care:Pharmaceuticals headlines) read more..

source:http://www.medworm.com