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Arkansas is suing Minnesota-based Optum Inc. and another pharmacy benefits manager, Express Scripts, for fueling the opioid crisis. Court documents describe "the misuse, abuse, diversion and over ...
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]
In September 2014, the office buildings where LHI is based were sold to UnitedHealth Group for $45 million. [ 35 ] [ 36 ] In February 2012, the company acquired XLHealth, a sponsor of Medicare Advantage health plans with a primary focus on medicare recipients with special needs such as those with chronic illness and those eligible for Medicaid ...
In 2012 Express Scripts acquired rival Medco Health Solutions for $29.1 billion and became "a powerhouse in managing prescription drug benefits". [42] As of 2015, Express Scripts Holding Company was the largest pharmacy benefit management organization in the United States. [43]
The Optum contracts, signed in 2015, contributed 16% of Cardinal's total revenue in fiscal year 2023, but the bulk of the shipments mainly comprised non-specialty medicines, Cardinal Health said.
The Centers for Medicare & Medicaid Services (CMS) reported the following information on Medicare trends in Minnesota for the 2025 plan year: A total of 1,141,334 residents of Minnesota are ...
In office 2011–2017: CMS Innovation Center Director; In office 2013–2017: CMS Acting Administrator; In office 2017–2017: Succeeded by: Seema Verma: President and CEO of Blue Cross Blue Shield of North Carolina; In office 2017–2019: CEO of Care Solutions at Optum; In office 2020–2023: CEO of Optum Rx
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 ...