NU Online News Service, April 14, 2005, 5:22 p.m. EDT
Acquisitions and strong “same store growth” helped UnitedHealth Group Inc. increase profits during the latest quarter.[@@]
UnitedHealth, Minnetonka, Minn., is reporting $779 million in net income for the first quarter on $9.9 billion in revenue, up from $554 million in net income on $7.3 billion in revenue for the first quarter of 2004.
The company ended the quarter providing or administering health coverage for 55 million people, up from 54 million people a year earlier.