UNH – Market expectations are for declining Uniform ROA, but management is confident about their net promotor score, costs, and bed days

• UnitedHealth Group Incorporated (UNH:USA) currently trades below recent averages relative to UAFRS-based (Uniform) Earnings, with a 17.9x Uniform P/E. At these levels, the market has bearish expectations for the firm, but management is confident about their net promotor score, costs, and bed day trends
• Specifically, management is confident their recent net promoter score has shown positive improvement, and they are confident in their ability to provide higher-quality outcomes at a lower cost. Furthermore, they are confident they are working to bring together their ambulatory assets to reduce cost, and they are confident they will continue to see flat to declining bed days and admissions.