Search results
Results from the WOW.Com Content Network
Optum was formed as a subsidiary of UnitedHealth Group in 2011 by merging UnitedHealth Group’s existing pharmacy and care delivery services into the single Optum brand, comprising three main businesses: OptumHealth, OptumInsight and OptumRx. [2] In 2017, Optum accounted for 44 percent of UnitedHealth Group's profits. [3]
Selling insurance products under UnitedHealthcare, and health care services under the Optum brand, it is the world's ninth-largest company by revenue and the largest health care company by revenue. The company is ranked 8th on the 2024 Fortune Global 500. [4] UnitedHealth Group had a market capitalization of $460.3 billion as of December 20, 2024.
Rechtin worked for Bain & Company for over a decade, and was then president of UnitedHealth Group's subsidiary Optum. [1] In 2023, Humana announced that Bruce D. Broussard would step down as CEO in 2024, to be replaced by Envision Healthcare president and CEO Rechtin, after which Broussard would continue in a strategic advisor role into 2025. [4]
UnitedHealth also owns Optum, one of the major pharmaceutical benefit managers in the U.S. The Minnetonka, Minnesota-based conglomerate has grown steadily since its founding in 1977 and has an ...
The company functions as two primary business units: UnitedHealthcare, one of the industry's largest health insurance companies, and Optum, which provides patient care, provider services and ...
For premium support please call: 800-290-4726 more ways to reach us
In 2015, Advocate Health Care and SCA entered a joint venture to acquire and develop a surgery center network. Advocate Health Care was the largest fully integrated healthcare delivery system in the state of Illinois; the partnership currently has a total portfolio of 15 surgery centers, with more in development.
Financially embattled hospital operator Steward Health Care has struck a deal to sell its nationwide physician network to Optum, a subsidiary of UnitedHealth Group, as it works to stabilize its ...