UnitedHealth Group (NYSE: UNH) will host its annual Investor Conference
with analysts and institutional investors in New York City on Tuesday,
December 3, 2013, beginning at 8:00 a.m. EST. At the meeting, senior
leaders will discuss the Company’s performance and outlook, including
reviewing business trends and specific initiatives related to its
various business units.
The Company will host an audio webcast of the presentation and
management question and answer portions of this meeting and will make
conference materials available on its Investors page at www.unitedhealthgroup.com.
A replay of the conference will be available on the Company Web site
through January 3, 2014.
In conjunction with the meeting, the Company will affirm its
previous outlook for 2013 net earnings of $5.40 to $5.50 per share.
Management will discuss the Company’s 2014 financial outlook, which
includes revenues of $128 billion to $129 billion and net earnings of
$5.40 to $5.60 per share.
About UnitedHealth Group
UnitedHealth Group (NYSE: UNH) is a diversified health and well-being
company dedicated to helping people live healthier lives and making
health care work better. With headquarters in Minnetonka, Minn.,
UnitedHealth Group offers a broad spectrum of products and services
through two distinct platforms: UnitedHealthcare, which provides health
care coverage and benefits services; and Optum, which provides
information and technology-enabled health services. Through its
businesses, UnitedHealth Group serves more than 85 million people
worldwide. For more information, visit UnitedHealth Group at www.unitedhealthgroup.com.
Forward-Looking Statements
The statements, estimates, projections, guidance or outlook contained in
this press release include “forward-looking” statements within the
meaning of the Private Securities Litigation Reform Act of 1995 (PSLRA).
These statements are intended to take advantage of the “safe harbor”
provisions of the PSLRA. Generally the words “believe,” “expect,”
“intend,” “estimate,” “anticipate,” “forecast,” “plan,” “project,”
“should” and similar expressions identify forward-looking statements,
which generally are not historical in nature. These statements may
contain information about financial prospects, economic conditions and
trends and involve risks and uncertainties. We caution that actual
results could differ materially from those that management expects,
depending on the outcome of certain factors.
Some factors that could cause results to differ materially from results
discussed or implied in the forward-looking statements include: our
ability to effectively estimate, price for and manage our medical costs,
including the impact of any new coverage requirements; the potential
impact that new laws or regulations, or changes in existing laws or
regulations, or their enforcement or application could have on our
results of operations, financial position and cash flows, including as a
result of increases in medical, administrative, technology or other
costs or decreases in enrollment resulting from U.S., Brazilian and
other jurisdictions' regulations affecting the health care industry; the
impact of any potential assessments for insolvent payers under state
guaranty fund laws; the ultimate impact of the Patient Protection and
Affordable Care Act, which could materially and adversely affect our
results of operations, financial position and cash flows through reduced
revenues, increased costs, new taxes and expanded liability, or require
changes to the ways in which we conduct business or put us at risk for
loss of business; potential reductions in revenue or delays to cash
flows received under Medicare, Medicaid and TRICARE programs, including
sequestration and potential effects of a prolonged U.S. government
shut-down or debt ceiling constraints; uncertainties regarding changes
in Medicare, including potential changes in risk adjustment data
validation audit and payment adjustment methodology; failure to comply
with patient privacy and data security regulations; regulatory and other
risks and uncertainties associated with the pharmacy benefits management
industry and our ability to successfully repatriate our pharmacy
benefits management business; competitive pressures, which could affect
our ability to maintain or increase our market share; the impact of
challenges to our public sector contract awards; our ability to execute
contracts on competitive terms with physicians, hospitals and other
service professionals; increases in costs and other liabilities
associated with increased litigation, government investigations, audits
or reviews; failure to complete or receive anticipated benefits of
acquisitions and other strategic transactions, including the Amil
acquisition; our ability to attract, retain and provide support to a
network of independent producers (i.e., brokers and agents) and
consultants; events that may adversely affect our relationship with
AARP; the potential impact of adverse economic conditions on our
revenues (including decreases in enrollment resulting from increases in
the unemployment rate and commercial attrition) and results of
operations; the performance of our investment portfolio; possible
impairment of the value of our goodwill and intangible assets in
connection with dispositions or if estimated future results do not
adequately support goodwill and intangible assets recorded for our
existing businesses or the businesses that we acquire; increases in
health care costs resulting from large-scale medical emergencies;
failure to maintain effective and efficient information systems or if
our technology products otherwise do not operate as intended;
misappropriation of our proprietary technology; our ability to obtain
sufficient funds from our regulated subsidiaries or the debt or capital
markets to fund our obligations, to maintain our debt to total capital
ratio at targeted levels, to maintain our quarterly dividend payment
cycle or to continue repurchasing shares of our common stock; the impact
of fluctuations in foreign currency exchange rates on our reported
shareholders' equity and results of operations; potential downgrades in
our credit ratings; and failure to achieve targeted operating cost
productivity improvements, including savings resulting from technology
enhancement and administrative modernization.
This list of important factors is not intended to be exhaustive. We
discuss certain of these matters more fully, as well as certain risk
factors that may affect our business operations, financial condition and
results of operations, in our other periodic and current filings with
the Securities and Exchange Commission, including our annual reports on
Form 10-K, quarterly reports on Form 10-Q and current reports on Form
8-K. Any or all forward-looking statements we make may turn out to be
wrong, and can be affected by inaccurate assumptions we might make or by
known or unknown risks and uncertainties. By their nature,
forward-looking statements are not guarantees of future performance or
results and are subject to risks, uncertainties and assumptions that are
difficult to predict or quantify. Actual future results may vary
materially from expectations expressed or implied in this press release
or any of our prior communications. You should not place undue reliance
on forward-looking statements, which speak only as of the date they are
made. We do not undertake to update or revise any forward-looking
statements, except as required by applicable securities laws.
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