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Also in 2003, UnitedHealth Group acquired Golden Rule Financial, a provider of health savings accounts. [15] On July 21, 2003, Exante Bank started operating in Salt Lake City, Utah, as a Utah state-chartered industrial loan corporation. It changed its name to OptumHealth Bank in 2008 [16] and to Optum Bank in 2012.
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]
On August 13, 2020, Suryadevara resigned her position as chief financial officer at General Motors to work as chief financial officer for e-commerce payments company, Stripe. [7] Suryadevara joined UnitedHealth Group in February of 2024 as Chief Executive Officer of Optum Financial and is a member of the UnitedHealth Group executive management ...
Change Healthcare was established in 2007 and based in Brentwood, Tennessee. [5] The company provided healthcare consumer engagement [clarification needed] and health plan cost transparency tools to health plans and large, self-insured employers, [6] across the United States.
On December 15, 1956, the Kelsey and Leary Foundation for the Advancement of Medicine was established to provide scholarships and financial support for research. The Kelsey Foundation, as it is known today, is involved in a variety of research projects with universities, pharmaceutical companies, government bodies and hospitals in the Texas ...
The Obama administration hired UnitedHealth Group's Optum unit, of which Slavitt was an EVP, to lead turnaround efforts for healthcare.gov after a series of technical issues reduced stability and service during the portal's 2013 launch. [15]
HealthCare.gov is a health insurance exchange website operated by the United States federal government under the provisions of the Affordable Care Act (ACA), informally referred to as "Obamacare", which currently serves the residents of the U.S. states which have opted not to create their own state exchanges.
In 2000, the company had to write off its $165 million relationship with PlanetRx.com when the startup experienced financial difficulties. [20] In 2001, Express Scripts partnered with Merck-Medco and Advance PSC to form RxHub LLC. [20] In 2002, Express Scripts, Inc. (ESI) acquired National Prescription Administrators, Inc. (NPA). [21]