Alternative Headline: UHC Under Federal Probe
[MM Curator Summary]: UnitedHealthcare is under federal investigation over potential Medicaid billing misconduct and is cooperating with the DOJ.
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UnitedHealthcare Group has announced its cooperation with federal criminal investigators from the Department of Justice regarding its Medicaid business. This cooperation began earlier this year after a Wall Street Journal report highlighted the investigation.
The investigation focuses on billing practices within Medicaid. UnitedHealthcare has faced challenges over the past few quarters due to rising healthcare costs.
The company stated, "We are cooperating with the Department of Justice as they investigate our Medicaid business practices."
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