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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.
Police outside the corporate headquarters of UnitedHealthcare in Minnetonka, Minnesota on December 8, 2024. The insurance company’s CEO Brian Thompson was killed on December 4th, 2024 in New York City. The man who was shown on a security camera shooting Thompson has not yet been identified or arrested.
Optum, Inc. is an American healthcare company that provides technology services, pharmacy care services (including a pharmacy benefit manager) and various direct healthcare services.
MINNETONKA, MINNESOTA - DECEMBER 4: A general view outside the United Healthcare corporate headquarters on December 4, 2024 in Minnetonka, Minnesota. United Healthcare CEO Brian Thompson was shot ...
MINNETONKA, MINNESOTA - DECEMBER 4: A general view outside the United Healthcare corporate headquarters on December 4, 2024 in Minnetonka, Minnesota.
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.
As the American health care system changed in the 1980s, "one of its hospitals in Arizona lost a contract with the largest health-maintenance organization in the area [and] Humana created its own health insurance plan." [5] In 1993, Humana had become the largest hospital operator in the country, owning 77 hospitals.
UnitedHealthcare is the largest insurer in the United States and is connected to a network of more than 1.3 million physicians and care professionals across nearly 7,000 facilities.