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In 1997, Thompson started his career as a CPA before becoming a manager at PwC, a professional services network. [3] He held this position until 2004, when he then moved to UnitedHealth Group, becoming the CEO of their UnitedHealthcare unit in 2021. His tenure as CEO was marked by increased rates of denials for health insurance claims.
For the fiscal year 2022, UnitedHealth Group reported earnings of US$20.64 billion, with an annual revenue of US$324.16 billion. [79] 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. [80]
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A leaked internal video from the CEO of UnitedHealth Group shows him telling employees of the company there is no upside to talking with the media. CEO Andrew Witty made the internal address days ...
Luigi Mangione believed killing UnitedHealthcare CEO Brian Thompson to be a "symbolic takedown" and "a direct challenge" to the healthcare company’s corruption and “power games,” according ...
Burke founded UnitedHealth Group and played a significant role in the development of the HMO and Physicians Health Plan (PHP) while he worked at InterStudy, a think tank focused on health care with Dr. Paul M. Ellwood Jr. [2] [3] [4] Burke took the view that healthcare should be economized and hospital admissions should be limited, sometimes at the protest of doctors.
SAN FRANCISCO (Reuters) -Hackers breached UnitedHealth's tech unit on Feb. 12 by using stolen login credentials that gave them remote access to its network, the largest U.S. health insurer will ...