UnitedHealth nets $5 billion quarterly profit on strong revenue growth

UnitedHealth Group Inc. is continuing its streak of profitability in the first quarter, posting a $5 billion profit, Fierce Healthcare reports. UnitedHealth executives said that the company saw double-digit growth at both UnitedHealthcare, its health plan arm, and Optum Inc. UnitedHealth also beat Wall Street estimates for revenue, bringing in $80.1 billion in the first quarter, up from $70.2 billion the first quarter of 2021