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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 ...
In 2017, Optum accounted for 44 percent of UnitedHealth Group's profits. [3] In 2019, Optum's revenues surpassed $100 billion for the first time, growing by 11.1% year over year, making it UnitedHealth’s fastest-growing unit at the time. [4] [5]
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.
Brian Robert Thompson [1] [2] (July 10, 1974 – December 4, 2024) was an American businessman who was the chief executive officer (CEO) of UnitedHealthcare, the insurance arm of UnitedHealth Group, from April 2021 until his killing in December 2024.
Last year was catastrophic for employees in some industries. Companies planned 721,677 job cuts, a 98% leap from 2022, according to a report from professional outplacement firm Challenger, Gray &...
The NYPD released new photos of a person of interest they want to speak to in connection to the Dec. 4, 2024 shooting death of UnitedHealthcare CEO Brian Thompson. / Credit: NYPD Crime Stoppers
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. [24] [25] In May 2020, he was appointed to the expert advisory group for the UK Government's Vaccine Task Force, chaired by Patrick Vallance. [26] Witty became CEO of UnitedHealth Group in ...
24/7 Help. For premium support please call: 800-290-4726 more ways to ... This CEO cut employee salaries by 20% and implemented a 4-day workweek to avoid layoffs and save the company — here's ...