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Since Optum's founding in 2011, the company has acquired various healthcare technology services to build out its pharmacy benefit manager and care services offerings. April 2011: UnitedHealth Group announces Optum master brand, bringing together pharmacy services, data & analytics tools, and care delivery services under one roof.
In October 2012, UnitedHealth Group and Amil Participações, one of the biggest Brazilian health insurance companies, completed the first phase of their merger. [ 38 ] [ 39 ] [ 40 ] In February 2014, Optum secured a majority stake in the Washington, D.C.–based startup Audax Health. [ 41 ]
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As of 2023, PBMs managed pharmacy benefits for 275 million Americans and the three largest PBMs in the US, CVS Caremark, Cigna Express Scripts, and UnitedHealth Group’s Optum Rx, make up about 80% of the market share covering about 270 million people [4] [5] with a market of almost $600 billion in 2024. [6]
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Noel will take charge at UnitedHealthcare, the largest U.S. health insurer that provides benefits to more than 50 million Americans, at a critical moment. The health insurance industry, on the ...
Number of employees. 11,300 (2024) ... Monarch HealthCare was acquired by Optum, ... SCA is the foundational corporate partner to the nonprofit One World Surgery. ...