UnitedHealth Group Incorporated (NYSE:UNH) Q2 2023 Earnings Call Transcript

This year, out of respect for a developing trend, we made the assumption that some of these early indications that we are seeing in the outpatient care patterns we have talked about would remain durable. And as we sit here today, as John has talked about, these assumptions have validated and they’ve also stabilized. And we feel confident that we’ve made the appropriate accommodations inside of our 2024 bids for all of this. Thank you.

Andrew Witty: Tim, thanks so much. Jenifer, we have time for one last question. So, let’s take the last question. Thank you.

Operator: We’ll take our last question from Scott Fidel with Stephens.

Scott Fidel: Hi, all. Thanks. I was hoping maybe you could drill a little bit just into the announcement of the Amedisys acquisition. And maybe in particular, just talk about, sort of, strategy for ramping up the exposure here given the tough near-term reimbursement environment for home health? And then maybe some early thoughts around some of the integrations or synergies that you could generate from integrating Amedisys in LHCG together? Thanks.

Andrew Witty: Scott, thanks so much for the question. Well, first of all, we’re obviously very pleased to have come to an agreement on the transaction with Amedisys, so we appreciate that. But as you’d expect, it’s — we’re now in the very early stages of that process. It wouldn’t be appropriate to talk about anything specific in that regard. If I just take it maybe a level higher, it’s no secret that we are very strong believers in the value of home health and no secret that we believe that value — home health capabilities, when combined with other activities in terms of wrapping care around patients, is a really important element of future value-based care, particularly as you speak towards complex patients, many of whom maybe struggle to get out of the home, maybe don’t have quite the same kind of relationship with the clinic as you might often expect.

So we do think that the general area is an important area. As I said, as far as the specifics are concerned, I think we’re now — we’ll go through our — the regular kind of process, and we’ll update you as appropriate, but probably not much more to say today. Thanks so much, Scott, for the question. And thank you, everybody, for joining us this morning. We very much appreciate your time. And we hope you take away from this call our confidence in our ability to continue to perform and grow strongly, while we pursue our mission and build the foundations for continued growth in 2024 and beyond. And we are very much looking forward to sharing more on our progress with you again in October. Thanks so much for your time this morning.

Operator: This does concludes today’s conference. We thank you for your participation.