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For the fiscal year 2022, UnitedHealth Group reported earnings of US$20.64 billion, with an annual revenue of US$324.16 billion. [83] UnitedHealth Group's 2023 revenue grew by $47.5 billion, or 14.6%, on annualized revenue of $371.6 billion. Operating income for 2023 was $32.4 billion (up 13.8%). Cash flows from operations were $29.1 billion. [84]
SAN FRANCISCO (Reuters) -Hackers breached UnitedHealth's tech unit on Feb. 12 by using stolen login credentials that gave them remote access to its network, the largest U.S. health insurer will ...
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Stephen J. Hemsley (born 4 June 1952) [1] [2] is an American businessman who is the chair of the board and former chief executive officer of UnitedHealth Group Inc.In August 2017, UnitedHealth announced that Hemsley would be stepping down after more than a decade as CEO and starting a newly created role of executive chairman of the board.
When McGuire joined UnitedHealth Group, it was an unprofitable regional health maintenance organization with annual revenues around $400 million. [2] When he left, UnitedHealth Group the company had more than $70 billion in annual revenues, more than 50,000 employees, and more than sixty million health plan members.
UnitedHealth has previously said that hackers potentially stole a third of Americans' data in one of the worst hacks to hit the U.S. healthcare sector. The number of impacted people was posted on ...
UnitedHealth Group CEO Andrew Witty sent a memo to staff remembering slain executive Brian Thompson and reassuring staff of the importance of their work in the wake of his tragic murder.
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]