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Selling insurance products under UnitedHealthcare, and health care services under the Optum brand, it is the world's eleventh-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.
Sept. 2019: UnitedHealth Group announces acquisition of Equian, LLC for $3.2 billion. [12] A Payment Integrity Institution that has joined the Optum family. Jan 2021: UnitedHealth Group announces acquisition of Change Healthcare LLC, evaluated to worth $8 billion, in addition to paying off its $5 billion debt for a total of $13 billion. [13]
Richard T. Burke is a businessman and the founder of UnitedHealth Group, a large managed healthcare and insurance company. [1] He has been characterized as both a "visionary" and "personifying what was wrong with managed care." [2] Burke was also an avid hockey fan and was responsible for the Winnipeg Jets move to become the Arizona Coyotes. [1]
Smaller rivals to UnitedHealth's tech unit Change Healthcare say they are signing longer-term contracts with hospitals and other customers who had temporarily switched from the company after ...
UnitedHealth Group issued a public notice about the February ransomware hack on its Change Healthcare unit on Thursday as part of its requirements to notify the estimated one-third of the country ...
The US Health and Human Services Department (HHS) announced Tuesday it would help doctors and hospitals find alternate claims processing platforms in order to help reboot the flow of business ...
Telehealth is sometimes discussed interchangeably with telemedicine, the latter being more common than the former. The Health Resources and Services Administration distinguishes telehealth from telemedicine in its scope, defining telemedicine only as describing remote clinical services, such as diagnosis and monitoring, while telehealth includes preventative, promotive, and curative care ...
Healthcare providers from across the sector were also in attendance and voiced their concerns about the ongoing financial and operational impacts of the Change cyberattack. [56] [57] As of April 16, 2024, UnitedHealth Group had advanced payments of over $6 billion in assistance to health care providers affected by the cybersecurity attack. [58]
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