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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]
On July 21, 2003, Exante Bank started operating in Salt Lake City, Utah, as a Utah state-chartered industrial loan corporation. It changed its name to OptumHealth Bank in 2008 [16] and to Optum Bank in 2012. In April 2004, UnitedHealth Group acquired Touchpoint Health Plan, a Wisconsin health plan. [17]
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]
Of those job losses, 700,000 stem from layoffs at just 25 companies, according to 24/7. Between December 2007 (when the recession officially began) and last month, more than 8 million Americans ...
German Fortune 500 companies have announced over 60,000 layoffs this year, but the biggest employee cull is still to come. Ryan Hogg. Updated November 29, 2024 at 5:39 AM.
See if you can follow this workplace math: 40 hours - 8 hours - 20% pay = 1. Translation: For a Canadian purchasing software company, reducing an employee’s 40-hour work week by 8 hours, with a ...
In December 2018, Change Healthcare acquired the intellectual property and other key assets, including employees, of Charleston-based healthcare IT startup PokitDok. [ 36 ] In January 2021, UnitedHealth Group 's Optum Insight unit agreed to acquire Change Healthcare in a deal valued at $13 billion, including assuming $5 billion of the latter's ...
Workday is laying off 1,750 employees, essentially cutting down its total workforce by 8.5%, CEO Carl Eschenbach announced Wednesday. Workday layoffs: 1,700 employees affected by cuts, or 8.5% of ...