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UnitedHealth Group originated in late 1974, when Minnesota-based Charter Med Incorporated was founded by Richard Taylor Burke. It originally processed claims for doctors at the Hennepin County Medical Society. [5] UnitedHealthcare Corporation was founded in 1977 to purchase Charter Med and create a network-based health plan for seniors. [6]
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]
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 employers. [4]
Verdict: False. The scheduled meeting was canceled an hour after it began. Fact Check: In early December, UnitedHealthcare CEO Brian Thompson was gunned down on a New York City street as he left ...
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In 2022, RV Health, a Red Ventures business consisting of Healthgrades, Healthline Media (Healthline, Medical News Today, Greatist, Psych Central, Bezzy), and PlateJoy, became a new company in partnership with UnitedHealth Group's Optum. The new company, RVO Health, combines RV Health's content, chronic condition communities, and tools with ...
SCA's mission is to create partnerships between health plans, physician groups, and health systems, to acquire, develop and optimize surgical facilities. [3] SCA's 9,200 affiliated physicians provide a range of surgical services. [4] The company has been a part of Optum since March 2017. [5]
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.