Envision Healthcare Corp. losses deepened in the second quarter as wage pressures and an ongoing contract fight with insurer UnitedHealth Group Inc. added to its financial woes, according to people with knowledge of the situation.
The physician staffing firm, owned by KKR & Co Inc., reported a loss of $26 million for the quarter’s adjusted Ebitda, or earnings before interest, taxes, depreciation, and amortization. That extended losses from the first quarter, and was down from a gain of $221 million in the second quarter of 2021, said the people, who asked not not to be identified because the results ...
