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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]
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]
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]
[123] [124] As of December 17, 2024, UnitedHealth Group lost more than $110 billion in market value since the killing, with similar groups experiencing losses. Steve Kopack, writing for NBC News , noted that "the downturns largely reflect investors' reactions to public outrage at the health care system in the wake of the killing".
As of 2023, PBMs managed pharmacy benefits for 275 million Americans and the three largest PBMs in the US, CVS Caremark, Cigna Express Scripts, and UnitedHealth Group’s Optum Rx, make up about 80% of the market share covering about 270 million people [4] [5] with a market of almost $600 billion in 2024. [6]
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.
UHS is the regional referral center for a number of life-saving and life-enhancing medical, surgical and rehabilitative specialties, including: trauma and emergency care, heart and vascular surgery, cardiac care, neurosurgery and neurosciences, cancer care, orthopedics, behavioral health services, high-risk obstetrics, neonatal intensive care ...
WASHINGTON (Reuters) -The hackers responsible for the breach at UnitedHealth Group appear to have pulled a disappearing act on Tuesday, leaving their cybercriminal associates in the lurch and ...