Thompson Murder’s Impact to United Healthcare & The Healthcare Industry
This CNBC news article reports on the fatal shooting of Brian Thompson, CEO of UnitedHealthcare, outside a Manhattan hotel. The New York Police Department characterizes the incident as a premeditated, targeted attack, with the gunman, still at large, using a firearm equipped with a silencer. The article details the investigation’s progress, including recovered evidence and witness accounts, and highlights Thompson’s significant role as CEO of the largest private health insurer in the U.S. It also mentions ongoing investigations into possible threats against Thompson prior to the shooting and unrelated insider trading allegations involving him.
Here is a discussion of the CEO shooting, based on the provided sources:
Brian Thompson, the CEO of UnitedHealth Group’s insurance unit, was fatally shot outside the Hilton hotel in midtown Manhattan on Wednesday morning. The New York Police Department (NYPD) described the incident as “a brazen, targeted attack”.
Thompson was on his way to the UnitedHealth Group’s investor day, which was scheduled for 8:00 a.m. ET at the Hilton. The company canceled the event after the shooting
The gunman is still at large more than 24 hours later. He has been described as using a firearm with silence.
Thompson’s wife told NBC News that he had been receiving threats. The NYPD told her it was a planned attack, though the details of the threats are unknown.
Thompson had been facing insider trading allegations. In May, a firefighters’ pension fund in Florida sued UnitedHealth Group, Thompson, CEO Andrew Witty, and Executive Chairman Stephen Hemsley. The suit accused the executives of selling company shares before a U.S. Department of Justice antitrust investigation was disclosed publicly
The DOJ’s probe was related to UnitedHealth Group’s 2021 acquisition of Change Healthcare, which processes medical claims. The lawsuit claimed Thompson knew about the investigation and sold shares worth $15.1 million less than two weeks before news of the probe went public.
UnitedHealth Group is still grappling with the fallout from a February ransomware attack targeting Change Healthcare. The attack compromised the protected health information of at least 100 million people.