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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 July 2018, Witty became CEO of Optum, a division of UnitedHealth Group. [22] In November 2019, he was named president of UnitedHealth, in addition to his role as CEO of Optum. [23] From April 2020 to December 2020, Witty took a leave of absence from Optum to assist the World Health Organization in developing a vaccine for COVID-19.
Audax's CEO, Grant Verstandig, continued running the firm alongside COO David Ko. [41] In October 2014, Optum Health acquired the health services unit of Alere for $600 million cash. [42] In March 2015, it was announced that CatamaranRx would be acquired by OptumRx. [43]
Dr. Amar Desai, CEO of Optum Health, a UnitedHealthcare business segment, said the company is working to resolve the issue. ... He and other Optum leaders have been on daily calls with the C ...
OptumRx is an innovative pharmacy benefit management organization managing the prescription drug benefits of commercial, Medicare and other governmental health plans, as well as those of employers ...
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Since July 2024, he has been chief executive officer (CEO) of Humana, a healthcare company. [1] Rechtin is a Kentucky native. [2] He earned a bachelor's degree from DePauw University, and an MBA from Harvard Business School. [3] Rechtin worked for Bain & Company for over a decade, and was then president of UnitedHealth Group's subsidiary Optum. [1]
CVS Health's Caremark, Cigna's Express Scripts and UnitedHealth Group's Optum control the majority of the U.S. pharmacy benefit market, with their parent companies also operating health insurance ...