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UNH » Topics » $1.1 Billion as Adjusted for CMS Payment Timing

This excerpt taken from the UNH 8-K filed Apr 19, 2007.

$1.1 Billion as Adjusted for CMS Payment Timing

 

  •  

Extended and Expanded Relationship with AARP

MINNEAPOLIS (April 19, 2007) – UnitedHealth Group (NYSE: UNH) achieved strong results in the first quarter of 2007, including favorable operating margins and continued strong cash flows. Business developments and initiatives since year-end – including a broadened and extended relationship with AARP, the pending acquisition of Sierra Health Services, and advancements in its banking and technology platforms – position the Company for continuing diversified growth in the future.

 

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Quarterly Financial Performance

 

     Three Months Ended  
     March 31, 2007              
    

GAAP

    

Excluding

409A Charges1

    

December 31,

2006

    

March 31,

2006

  
        

Revenues

    $ 19.05 billion     $ 19.05 billion     $ 18.13 billion     $ 17.58 billion  

Earnings From Operations

    $ 1.58 billion     $ 1.76 billion     $ 1.98 billion     $ 1.47 billion  

Operating Margin

      8.3 %     9.2 %     10.9 %     8.4 %
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