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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.
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 ...
(WHTM)– Just hours before a contract between WellSpan and UnitedHealthcare Insurance was set to expire, the companies reached an agreement to extend some benefit plans through the end of November.
Optum's three businesses, OptumRx, OptumHealth and OptumInsight focus on five core capabilities: data and analytics, pharmacy care services, population health, healthcare delivery and healthcare operations. [3] Optum serves employers, government agencies, health plans, life science companies, care providers and individuals and families offering ...
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.
In July 2018, Witty became CEO of Optum, a division of UnitedHealth Group. [22] In November 2019, he was named president of UnitedHealth, in addition to his role as CEO of Optum. [23] From April 2020 to December 2020, Witty took a leave of absence from Optum to assist the World Health Organization in developing a vaccine for COVID-19.
The cyberattack began on Feb. 21 against Change Healthcare, which is a health care technology company that is part of Optum and owned by UnitedHealth Group, according to the American Hospital ...
It’s true that UHG has become particularly huge. Since 2010, when the Affordable Care Act (ACA) was signed into law, the company has transformed itself from an $87 billion insurer—the nation ...