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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]
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.
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]
Founded in 1993 as MedPartners, Caremark Rx was acquired by CVS in 2007. ... Owned by UnitedHealth Group OptumRx, founded in 2011 as part of UHG, took in $116.1 billion in 2023, accounting for 31. ...
UnitedHealth also owns Optum, one of the major pharmaceutical benefit managers in the U.S. The Minnetonka, Minnesota-based conglomerate has grown steadily since its founding in 1977 and has an ...
UnitedHealth Group held its first earnings call since the shooting of its insurance executive last month. UnitedHealthcare CEO Brian Thompson was killed outside of an investor day meeting in New ...
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William McGuire (born 1948) [1] is an American healthcare executive best known for his tenure as chairman and chief executive officer of UnitedHealth Group from 1991 until his resignation in 2006, while under investigation for securities fraud, for which he would later settle out of court.