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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.
The Kelsey Foundation, as it is known today, is involved in a variety of research projects with universities, pharmaceutical companies, government bodies and hospitals in the Texas Medical Center. Research areas include cancer, epilepsy, cardiology, diabetes and obstetrics. During the 1960s, the Clinic added more specialists and more departments.
This article highlights standout studies and news articles over the last week on topics such as nutrition, aging and longevity, health misinformation, and more.
Smartphone for Seniors. $75 from Best Buy Shop Now. Many seniors may not be interested in a typical smartphone's over-abundance of tech. Lively's Jitterbug Smart3 was designed with seniors in mind ...
As of 2023, PBMs managed pharmacy benefits for 275 million Americans and the three largest PBMs in the US, CVS Caremark, Cigna Express Scripts, and UnitedHealth Group’s Optum Rx, make up about 80% of the market share covering about 270 million people [4] [5] with a market of almost $600 billion in 2024. [6]
20 useful and innovative gadgets to make life easier for seniors who live alone Getting older: It's one of the few sure things in life that's guaranteed to happen to all of us.
Catamaran Corporation (formerly SXC Health Solutions) is the former name of a company that now operates within UnitedHealth Group's OptumRX division (since July 2015). It sells pharmacy benefit management and medical record keeping services to businesses in the United States [3] and to a broad client portfolio, including health plans and employers. [4]