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UnitedHealth Group Incorporated is an American multinational for-profit company specializing in health insurance and health care services based in Eden Prairie ...
Stocks for UnitedHealth fell the week of the shooting and fell a further 5.6% on December 11, 2024. [123] [124] As of December 17, 2024, UnitedHealth Group lost more than $110 billion in market value since the killing, with similar groups experiencing losses.
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.
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Stephen J. Hemsley (born 4 June 1952) [1] [2] is an American businessman who is the chair of the board and former chief executive officer of UnitedHealth Group Inc.In August 2017, UnitedHealth announced that Hemsley would be stepping down after more than a decade as CEO and starting a newly created role of executive chairman of the board.
When McGuire joined UnitedHealth Group, it was an unprofitable regional health maintenance organization with annual revenues around $400 million. [2] When he left, UnitedHealth Group the company had more than $70 billion in annual revenues, more than 50,000 employees, and more than sixty million health plan members.
On 6 December 2024, after the murder of former CEO of UnitedHealth Group's subsidiary company UnitedHealthcare, Brian Thompson, [32] 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 refrain from ...
Richard T. Burke, founder of UnitedHealth, chief executive officer until 1987, and chairman of the board from 2006 to 2017 [14] William H. Donaldson, former chairman, president, and chief executive officer of Aetna [15] George Halvorson, former chairman and chief executive officer of Kaiser Permanente [16]