As the problems of UNITEDHELHELTH, the new financial manager faces a challenge to restore confidence

This time, in the United High CurstLed collection No. 3 In The Fortune 500 and the largest health care company in the United States through revenue in 2024. John F. is replaced. Rex, who joined the company in 2012 and worked as the financial manager since 2016, is not by an internal candidate, but with external employment. Rex will become a strategic advisor for the CEO, Stephen J. Hamsli.

Win S. will take over. David, who was the last administrative director and employment partner at Bain Capital, would take over the role of the Financial Director from September 2. Deveydt connects the experience in operating improvement and growth acceleration – a group of skills that will be valuable as the price of UnitedHealth has decreased by more than 50 % during the past year. Driving change comes in the aftermath of the Q2 2025, as the financial results of UNITEDHELTH have significantly decreased by Wall Street, which led to more investors.

The company shocked the markets on July 29 by unexpectedly reporting Quarterly resultsAccording to luckJeff Colvin.

Kolvin also wrote: “The crisis was first showed in April. UNITEDHELHELTH Group He was out of the shock of the prominent Brian Thompson murder in December when the company issued profits in the first quarter of Wall Street’s expectations. The stock decreased, reducing more than $ 100 billion of market value within hours. A month later, CEO Andrew Wei suddenly resigned for unlimited personal reasons, and former CEO Stephen Hemsli returned to the job. The stock decreased again. (You can Read the full report here))

Risk management and costs

Now, you will need Deveydt – the former president and CEO of Surgery Partners and former financial manager (Leafense) – to play an important role in guiding UNITEDHELHELTH to the path. The company has four main sectors: UNITEDHEALTHCARE (coverage), Optum Health, Optum Insight (software and analyzes), and Optum RX (pharmacy advantages).

Industry analysts say that the road forward will not be easy. I asked Julie Mall, the great stock of health care analyst in Mooringstar, to evaluate it. She told me: “UNITEDHEALTH-frankly, manufactures the entire Care Organization (MCO)-to know how to balance the current mismatch between rates and medical use in its risk-bearing operations.”

This problem extends over the health care system in the United States: High medical costs began with the two students with a sufficient increase in Medicare’s feature in late 2023, and spread to Medicaid in mid -2014, and now pressure on individual exchanges and the plans of the employer at risk.

In other words, high health costs outperform the insurance premiums, which hurt profits for insurance companies such as UNITEDHEALTH.

On average, the medical cost rate (the percentage of revenues spent on patient care) is expected to be between the six MRININGSTAR more than 450 basis points in 2025 compared to the previous contract.

In addition, UNITEDHELTH also faces pressure in the Optum Health unit, where, in some arrangements, the company not only provides care services, but also assumes the risk of managing its general health for the patient.

She added that MCOS to return to the targeted margins, it needs to secure better compensation for the risks they bear in the American health care system.

Regarding the priorities of Deveydt as a financial manager, Musta’i said that financial organizations will continue to emphasize cost controls. She noted that more reliance on artificial intelligence and other digital tools to improve the efficiency of the back office will remain the focus of focus, although UNITEDHEALTH has given priority for such initiatives for several years.

Deveydt will enter the role of the financial manager next month through a huge list of tasks, and the future of the financial recovery of UNITEDHELHELTH on the line.

Sherrill Istra
Sheryl.strada@fortune.com

Leaders

Costin Corneanu EVP and CFO named from UmracAs of August 4. Corniano, who joined the company in 2020, has been a deputy financial manager since January. He succeeds in Tracie Winbigler, who will retire from Ametrak on January 1, 2026. Until then, Winbigler will remain in its role as EVP as the main transformation officials. Before joining Amtrak, Corneanu spent eight years at Spirit Airlines and four years in US Airways.

Kalani RelatesThe Compass Financial Director resigned on August 22, according to SEC file. Scott Wahles, the company’s senior accounting official for seven years, was set in the new financial manager. Before joining Compass, Wahles 16 spent at WebMD, where he held the position of Vice President for Finance, Observer, and the Fund Secretary.

A big deal

The Bls Statistics Office (BLS) was released in July Employment report On August 1, which showed a modest profit of only 73,000 jobs. However, the real surprise was a sharp review to the bottom for the previous months: job gains were reduced in May and June by 258,000, according to Eye-Parthenon Gregory Daco. With only 19,000 employment in May and 14,000 in June, the average growth of salary statements decreased for three months to only 35,000-sharply from 123,000 last year.

“With the constant uncertainty of politics, definitions, and the decrease in immigration flows that paralyze employers, the American economy is now joking with job losses, and the labor market reveals much weaker than most federal policies believed that the federal reserve is now behind the curve,” Daco said in an email message.

It seems that employment is specific to an additional slow slow in summer, where companies, which face renewable cost fluctuations from escalating commercial tensions, are facing the management of employment costs through low employment, performance -based workers, restricted wage growth, and decreased wages in beginners, he said.

deepen

“How companies benefit from data sharing“It is a report in Wharton Business Journal. Huan Tang, Professor of Finance at Wharton, argues that there is a new way to understand how companies interact and create value in the digital economy. Tang research reveals a hidden network of data flows between obstacles, and it reveals that companies are connected not only by products or supply wires, but also with the information they exchange.

Hearing

“I see many young people who want to take the easy way without working hard. But the truth is, you have to make sacrifices. You have to put yourself in a lot of discomfort.”

Sara Sabri He said luck In an interview. Sabri became the first Egyptian astronaut in the world after she traveled to space on the new Blue Orige missile on August 4, 2022-before he was 30 years old. The 28 -year -old had to wake up at 4:30 am for training early in the morning and biological research, before she was compared to her full -time job as a start of technique based on winning in Burlin.