UnitedHealth Group Inc - Company Profile
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UnitedHealth Group Inc (UnitedHealth Group) is a diversified health care company. It offers health care services and products through two distinct platforms, namely UnitedHealthcare and Optum. Its UnitedHealthcare platform provides health care coverage and benefit services and the Optum platform offers information and technology-enabled health services. The company provides health coverage, medicare plans, short-term health insurance and medicaid plans for individuals and families; health management and global health solutions for employers; health care network, value-based care; and clinician resources for physicians and health care professionals; and resources for brokers and consultants. The company offers its solutions and services to its members in the US and other countries. UnitedHealth Group is headquartered in Hopkins, Minnesota, the US.
Headquarters
United States of America
Address
9900 Bren Rd E, Hopkins, Minnesota, 55343-9664
Website
www.unitedhealthgroup.com
Telephone
1 952 9361300
No of Employees
440,000
Industry
Financial Services
Ticker Symbol & Exchange
UNH (NYSE)
Revenue (2022)
$371.6B
14.6%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
11.2%
(2022 vs 2021)
Market Cap*
$432.3B
Net Profit Margin (2022)
XYZ
-3.1%
(2022 vs 2021)
* As of and is in US$
UnitedHealth Group Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Group Health Plans | Behavioral Health Services | UnitedHealth |
| Health Saving Accounts | Cancer Resource Services | UnitedHealthcare |
| Medicaid Plans | Chiropractic Services | Optum |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Plans/Strategy | In March, the company's Change Healthcare unit announced its plans to process the medical claims backlog. |
| 2023 | Plans/Strategy | In December, the company agreed to divest its Brazilian health insurance business Amil to Jose Seripieri Filho. |
| 2023 | Contracts/Agreements | In November, UnitedHealthcare entered into an agreement with Vivante Health to advance Vivante's ability to help individuals suffering from digestive disease by providing access to UHC customers. |
Competitor Comparison
| Key Parameters | UnitedHealth Group Inc | The Cigna Group | Elevance Health Inc | Humana Inc | Molina Healthcare Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Hopkins | Bloomfield | Indianapolis | Louisville | Long Beach |
| State/Province | Minnesota | Connecticut | Indiana | Kentucky | California |
| No. of Employees | 440,000 | 72,500 | 104,900 | 67,600 | 18,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Andrew P. Witty | Chief Executive Officer; Director | Executive Board | 2021 | 59 |
| John Rex | Chief Financial Officer; Executive Vice President | Senior Management | 2016 | 62 |
| Dirk McMahon | President; Chief Operating Officer | Senior Management | 2021 | 64 |
| Thomas Roos | Senior Vice President; Chief Accounting Officer | Senior Management | 2015 | 51 |
| Terry M. Clark | Chief Marketing Officer; Chief Marketing and Customer Officer-Optum | Senior Management | 2014 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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