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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]
In 2017, Optum accounted for 44 percent of UnitedHealth Group's profits. [3] In 2019, Optum's revenues surpassed $100 billion for the first time, growing by 11.1% year over year, making it UnitedHealth’s fastest-growing unit at the time. [4] [5]
In July 2018, Witty became CEO of Optum, a division of UnitedHealth Group. [22] In November 2019, he was named president of UnitedHealth, in addition to his role as CEO of Optum. [23] From April 2020 to December 2020, Witty took a leave of absence from Optum to assist the World Health Organization in developing a vaccine for COVID-19.
The headquarters had a cost of $36 million, including the costs for equipment, construction, and fees. Construction began in May 2012. The construction was scheduled to be completed in June 2013. The first group of employees were scheduled to move in the third week of July of that year. [5]
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]
This page was last edited on 7 December 2024, at 06:37 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
The cyberattack began on Feb. 21 against Change Healthcare, which is a health care technology company that is part of Optum and owned by UnitedHealth Group, according to the American Hospital ...
SCA is partnered with Monarch HealthCare, Orange County’s largest association of physicians in private practice. [21] In 2011, Monarch HealthCare was acquired by Optum, UnitedHealth’s health services division. [22]