10 updates on UnitedHealth Group

Here are 10 updates on UnitedHealth Group's business transactions, leadership and legal dealings reported by Becker's Hospital Review since April.

1. UnitedHealthcare, the insurance arm of UnitedHealth Group, rolled out a hearing business called UnitedHealthcare Hearing June 27.

2. UnitedHealth will shake up its senior executive team as the CEO of its health insurance line, UnitedHealthcare, retires. 

3. The Federal Trade Commission approved UnitedHealth's $4.3 billion acquisition of DaVita Medical Group, with the condition that UnitedHealth sell one of its newly purchased medical groups in Nevada.

4. UnitedHealth purchased healthcare-technology start-up PatientsLikeMe.

5. UnitedHealth and private equity firm Carlyle Group are front-runners in a bid for pharmacy benefits and behavioral health provider Magellan Health, an SVB Leerink analyst told Business Insider.

6. OptumCare, the healthcare delivery unit of UnitedHealth, won't own inpatient care or post-acute care services, the health insurer's CEO said during an annual strategy conference.

7. People familiar with the deal told The Wall Street Journal that UnitedHealth, Optum's parent company, has agreed to buy healthcare payments firm Equian in a $3.2 billion deal, and that the payer would likely merge it with Optum's health services division.

8. UnitedHealth unveiled a bundled payment program for maternity services aimed at closing care gaps for moms and babies before and after delivery.

9. UnitedHealth CEO David Wichmann purchased a record 20,000 UnitedHealth shares May 3, according to a filing with the Securities and Exchange Commission.

10. UnitedHealth recorded strong financial results in the first quarter of fiscal year 2019, ending the period with a $3.5 billion profit.

More articles on payers:
5 things payers need to know about older Americans' health goals
Where is the payer-provider relationship headed? 17 healthcare execs weigh in
UnitedHealthcare CEO to retire: 5 things to know

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.


Top 40 articles from the past 6 months