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Under the latest extension terms, UnitedHealth's Optum unit, which offers healthcare data analytics services, will pay a $650 million fee to Change if the deal is not completed due to the court's ...
In December 2018, Change Healthcare acquired the intellectual property and other key assets, including employees, of Charleston-based healthcare IT startup PokitDok. [ 33 ] 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 ...
UHG is of course still making plenty of money in its insurance business, but its more profitable venture is Optum, the company’s health services arm that it has been building up ever since.
This Optum-UnitedHealth model of vertical integration [20] is pointed to as having sparked a pattern of acquisition activity in the healthcare industry; most notably, mega-mergers between CVS-Aetna, Cigna-Express Scripts and Humana-Kindred. [21] "Optum's been the leader in showing how a managed care organization with an ambulatory care delivery ...
UnitedHealth is the biggest health-care company in the U.S. by market cap, and it owns the health-care provider Optum, ... Change Healthcare merged with Optum in 2022.
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 $474.3 billion as of July 15, 2024.
The cyberattack began on Feb. 21 against Change Healthcare, which is a health care technology company that is part of Optum and owned by UnitedHealth Group, according to the American Hospital ...
"Sadly for the target Change Healthcare - OPTUM, their data [is] still with us," the affiliate's post said, per the screenshot. ... Acting as a pipeline between health care and insurance providers ...