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Health Care Up After UnitedHealth Boosts Earnings View -- Health Care Roundup

10/14/2021 | 05:06pm EST

Health-care companies rose after a robust earnings outlook from one major insurer.

Shares of UnitedHealth Group, the largest U.S. health insurer by enrollees, rose after it boosted its full-year outlook for 2021, and said costs tied to Covid-19 treatments during the pandemic were offset by dampened demand for elective healthcare procedures. The market value of UnitedHealth has more than doubled since March 2020.

Walgreens Boots Alliance will pay $5.2 billion to acquire a controlling stake in primary-care network VillageMD as the pharmacy chain seeks to remodel itself as a health-care provider.

 Write to Rob Curran at rob.curran@dowjones.com 

(END) Dow Jones Newswires

10-14-21 1705ET

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