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United Health’s Big Losses Derail Merger With Humana

United Healthcare Corp’s $900 million charge comes as unpleasant surprise to Wall Street

CEO SUMMARY: Considered the darling of the managed care industry by investors, United Healthcare’s huge write-down makes it the latest healthcare behemoth to post an immense loss. Laboratory executives should see this as a sign that even big healthcare companies are struggling to develop fiscal stability.Medicare HMOs are believed to be one major source of …

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