UnitedHealth: That’s what you get when bureaucrats run health care

They’re going to restate earnings. More from Health Care Renewal:

We have discussed how early advocates of managed care called for “breaking up the [physicians] guild” and handing the power to run health care over to managers and bureaucrats, like those who run UnitedHealth. Now people in the investment world may be starting to understand what managers and bureaucrats have done with this power. We physicians on the ground in the health care world have been seeing these effects for a while.

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