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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 $474.3 billion as of July 15, 2024.
Aug. 2017: Optum announces it will acquire Advisory Board Company's healthcare business. [3] Dec. 2017: Optum announces acquisition of DaVita Medical Group from DaVita Inc. [11] Sept. 2019: UnitedHealth Group announces acquisition of Equian, LLC for $3.2 billion. [12] A Payment Integrity Institution that has joined the Optum family.
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.
UNITED STATES - MAY 1: Andrew Witty, CEO, UnitedHealth Group, testifies during the Senate Finance Committee hearing titled "Hacking America's Health Care: Assessing the Change Healthcare Cyber ...
Health insurance stocks remain under pressure after the shooting of UnitedHealthcare executive Brian Thompson last week. Oscar Health CEO and former Aetna CEO Mark Bertolini reacts.
In the aftermath of the tragic shooting of UnitedHealthcare CEO Brian Thompson, health insurance companies are removing web pages that list their executives and boards of directors.. A day after ...
On 6 December 2024, in the aftermath of the murder of former CEO of UnitedHealth Group’s child company UnitedHealthcare Brian Thompson, [31] a video was leaked in which Witty stated, "Our role is a critical role, and we make sure that care is safe, appropriate, and is delivered when people need it" and that the insurer will continue to prevent "unnecessary care" and advised that people ...
UnitedHealth provides health insurance for more than 47 million people in the United States. It also provides care, pharmacy benefits management and technology services through its Optum segment.
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