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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]
UnitedHealth Group Incorporated is an American multinational for-profit company specializing in health insurance and health care services based in Eden Prairie, Minnesota. 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 ...
Nine members of Congress and U.S. Senator Elizabeth Warren expressed their concerns regarding the potential buyer of eight Massachusetts hospitals.
In his first public response to the consumer outcry following the fatal shooting of one of his top executives, UnitedHealth Group CEO Andrew Witty said Friday that the US health system “is not ...
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]
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On 6 December 2024, after the murder of former CEO of UnitedHealth Group's subsidiary company UnitedHealthcare, Brian Thompson, [32] a video was leaked in which Witty stated, "Our role is a critical role, and we make sure that care is safe, appropriate, and is delivered when people need it" and that the insurer will continue to prevent "unnecessary care" and advised that people refrain from ...
The Optum contracts, signed in 2015, contributed 16% of Cardinal's total revenue in fiscal year 2023, but the bulk of the shipments mainly comprised non-specialty medicines, Cardinal Health said.