Feb 21 (Reuters) - The U.S. Justice Department has
launched an investigation into UnitedHealth's ( UNH ) Medicare
billing practices in recent months, the Wall Street Journal
reported on Friday, citing people familiar with the matter.
Shares of the company fell nearly 7% to $466.88 in premarket
trading.
The new civil fraud investigation is examining
UnitedHealth's ( UNH ) practices for recording diagnoses that trigger
extra payments to its Medicare Advantage plans, including at
physician groups the insurance giant owns, the report added.
DoJ and UnitedHealth ( UNH ) did not immediately respond to a Reuters
request for comment.