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UnitedHealth said on Thursday that electronic payment functionality for its payments platform will be available for connection on March 15, adding that it expects to begin testing and reestablish ...
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 $460.3 billion as of December 20, 2024.
In the United States, a pharmacy benefit manager (PBM) is a third-party administrator of prescription drug programs for commercial health plans, self-insured employer plans, Medicare Part D plans, the Federal Employees Health Benefits Program, and state government employee plans.
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]
UnitedHealth has also been hit with at least six class action lawsuits accusing it of failing to protect millions of people's personal data following the hack, with more lawsuits likely to come.
(Reuters) -UnitedHealth Group said on Friday its Change Healthcare unit will start to process the medical claims backlog of more than $14 billion as it resumes some software services disrupted by ...
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