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UnitedHealth Group, Inc.

UnitedHealth Group, Inc.

Sector: Hospital And Medical Service Plans Region: MN, United States


: | New York Stock Exchange: UNH


UnitedHealth Group, Inc. provides health care coverage, software and data consultancy services. The company operates through four business segments: UnitedHealthcare, OptumHealth, OptumInsight and OptumRx. The UnitedHealthcare segment includes UnitedHealthcare Employer & Individual, UnitedHealthcare Medicare & Retirement and UnitedHealthcare Community & State. UnitedHealthcare Employer & Individual offers a comprehensive array of consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses and individuals nationwide. UnitedHealthcare Medicare & Retirement provides health and well-being services to individuals age 50 and older and offers a wide spectrum of Medicare products, including Medicare Advantage plans, Medicare Part D prescription drug coverage and Medigap products that supplement traditional fee-for-service coverage, which may be sold to individuals or on a group basis. The UnitedHealthcare Community & State segment provides solutions to states that care for the economically disadvantaged, the medically underserved, and those without benefit of employer-funded health care coverage in exchange for a monthly premium per member from the applicable state. The OptumHealth segment provides health services business serving the broad health care marketplace, including payers, care providers, employers, government, life sciences companies and consumers. Optum helps improve overall health system performance. It is organized into three segments: optimizing care quality, reducing costs and improving the consumer experience and care provider performance. Optum is organized in three segments: OptumHealth focuses on health management and wellness, clinical services and financial services, OptumInsight delivers technology, health intelligence, consulting and business outsourcing solutions and OptumRx specializes in pharmacy services. The OptumInsight segment is health information, technology, services and consulting company providing software and information products, advisory consulting services, and business process outsourcing to participants in the health care industry. Hospitals, physicians, commercial health plans, government agencies, life sciences companies and other organizations that comprise the health care system work with OptumInsight to reduce costs, meet compliance mandates, improve clinical performance and adapt to the changing health system landscape. The OptumRx segment OptumRx provides a multitude of pharmacy benefit management (PBM) services. PBM services and manages specialty pharmacy benefits across nearly all of UnitedHealthcare's businesses, as well as for external employer groups, union trusts, managed care organizations, Medicare-contracted plans, Medicaid plans and TPAs, including for pharmacy benefit services, mail service only, rebate services only and network services. It also provides claims processing, retail network contracting, rebate contracting and management and clinical programs, such as step therapy, formulary management and disease/drug therapy management programs to achieve a low-cost, high-quality armacy benefit. The company was founded in January 1977 and is headquartered in Minneapolis, MN.

Latest Media

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JOIN for ME, A weight management program for kids and teens

JOIN for ME -- a first-of-its-kind, whole-family program to fight childhood obesity -- engages kids who struggle with extra weight, along with their parents, in a series of group sessions to achieve healthier weights through healthier family food choices, increased activity, and lifestyle improvement tracking. Each session is built on the framework of group support, learning practical strategies and implementing change in a family's everyday life. JOIN for ME was developed by the UnitedHealth Center for Health Reform and Modernization. In the original proof-of-concept study, JOIN for ME partnered with the YMCA of the USA and the YMCA of Greater Providence, R.I. The study demonstrated that the combination of whole-family engagement helped participants achieve significant reductions in extra weight. After six months, 84 percent of the 155 participants completed the full program and achieved, on average, a 3.5-percent reduction in extra weight. Equally promising is that parents of participants also lost weight in the study, opening the door for new wellness models that engage the entire family. Watch the Cabral Family's experience and learn how JOIN for ME has changed their lives.

UnitedHealth Group, Inc. video

JOIN for ME, A weight management program for kids and teens

UnitedHealth Group, Inc. video

Culture at UnitedHealth Group

UnitedHealth Group, Inc. video

CES 2012: Tour of UnitedHealth Group booth

Executives

Stephen J. Hemsley, President and Chief Executive Officer
Stephen Hemsley was named chief executive officer and president, UnitedHealth Group, on Nov. 30, 2006. He had previously served as president and chief operating officer, UnitedHealth Group, and is a member of the company’s board of directors. Hemsley joined the company in June 1997.
David S. Wichmann, Executive Vice President and Chief Financial Officer
David Wichmann assumed the position of chief financial officer of the enterprise in 2011, while retaining his existing roles and responsibilities as President, UnitedHealth Group Operations and Technology. He also assists in the oversight of UnitedHealth Group Corporate functions, including the company's international efforts. In May 2008, Wichmann was named president of UnitedHealth Group Operations and he has served as executive vice president of the enterprise since 2006. He previously held positions as president, UnitedHealthcare; president and chief executive officer, Specialized Care Services (now OptumHealth); and senior vice president, Corporate Development. Prior to joining UnitedHealth Group in 1998, Wichmann was a partner with Arthur Andersen.
Don Nathan, Chief Communications Officer
Don Nathan joined UnitedHealth Group as senior vice president, chief communications officer, effective May 28, 2007. He is responsible for all internal and external communications. Nathan was formerly a strategic communications consultant with Robinson Lerer & Montgomery, beginning in 1991, and was a partner at the firm for ten years. Previously, Nathan worked on Capitol Hill in Washington, D.C., serving in a number of different Congressional and campaign capacities.

News & Analysis

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