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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]
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For the fiscal year 2022, UnitedHealth Group reported earnings of US$20.64 billion, with an annual revenue of US$324.16 billion. [83] UnitedHealth Group's 2023 revenue grew by $47.5 billion, or 14.6%, on annualized revenue of $371.6 billion. Operating income for 2023 was $32.4 billion (up 13.8%). Cash flows from operations were $29.1 billion. [84]
The Kelsey-Seybold Clinic is a large multi-specialty clinic system located in Greater Houston with its administrative headquarters in Shadow Creek Ranch, Pearland.The clinic system is a major provider of healthcare for NASA and a center for healthcare research.
CVS Health's Caremark, Cigna's Express Scripts and UnitedHealth Group's Optum control the majority of the U.S. pharmacy benefit market, with their parent companies also operating health insurance ...
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]
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 debt. [37] Following delays due to regulator scrutiny, [38] the acquisition closed on October 3, 2022. [39]
NEW YORK (Reuters) -UnitedHealth Group agreed on Friday to sell its Brazilian health insurance operator Amil to businessman Jose Seripieri Filho, two sources with knowledge of the matter said. The ...