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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.
Change Healthcare, which was hit by a cyberattack on Feb. 21, is a vital lynchpin in the system for making and clearing insurance claims as it processes about 50% of medical claims in the United ...
The hack at UnitedHealth's tech unit has led to uncertainty around when high medical costs for health insurers will subside as the cyberattack leads to prolonged delays processing insurance claims ...
The U.S. Justice Department has launched a probe into UnitedHealth's Medicare billing practices in recent months, the Wall Street Journal reported on Friday, sending the healthcare conglomerate's ...
Medical billing, a payment process in the United States healthcare system, is the process of reviewing a patient's medical records and using information about their diagnoses and procedures to determine which services are billable and to whom they are billed.
Optum serves employers, government agencies, health plans, life science companies, care providers and individuals and families offering products in data and analytics, pharmacy care services, health care operations and delivery, population health management and advisory services. [7]
Roughly a quarter of consumers whose claims insurance companies denied experienced significant delays in getting medical care or treatment, and about the same share were unable to receive care ...
Health Care Service Corporation (HCSC), a Mutual Legal Reserve Company, is a member-owned health insurance company in the United States. HCSC was formerly known as Hospital Service Corporation and changed its name to Health Care Service Corporation in 1975. The company was founded in 1936 and is based in Chicago, Illinois with a network of ...