From the Senate Finance Committee planning a hearing with CEO Andew Witty to regulators reviewing the company's proposed acquisition of Amedisys, here are 12 updates on UnitedHealth Group that Becker's has reported since March 15:
1. The Senate Finance Committee is planning a hearing with UnitedHealth Group CEO Andrew Witty on April 30. The senators' inquiry will occur more than two months after UnitedHealth subsidiary Change Healthcare reported a cyberattack Feb. 21.
2. UnitedHealthcare's Surest is the organization's fastest-growing commercial health plan, boasting no deductibles and a shoppable healthcare experience built around price transparency.
3. UnitedHealth Group named CFO John Rex as president of the company.
4. Chapel Hill, N.C.-based UNC Health and UnitedHealthcare agreed to a new multiyear contract just days before their current contract was set to expire.
5. Eugene-based Oregon Medical Group is dropping some patients due to a lack of available physicians, 32 of whom have departed from the organization over the last two years. Oregon Medical Group was purchased by UnitedHealth Group's Optum in 2020.
6. Dallas-based Steward Health Care plans to sell its physician group to Optum, a UnitedHealth Group subsidiary.
7. UnitedHealth Group launched two new renewable energy initiatives aimed at supplying the company with 89% of its domestic energy needs and 58% of its global energy load.
8. Change Healthcare began restoring its biggest clearinghouse platforms and started processing $14 billion in claims on March 22. See the full timeline of the Change Healthcare cyberattack here.
9. Oregon regulators will open a review into UnitedHealth Group's proposed acquisition of Amedisys, after a preliminary report found the deal could hurt competition in the state's markets.
10. UnitedHealthcare and New York City-based Mount Sinai reached a multiyear contract agreement after a monthslong contract dispute.
11. UnitedHealthcare was ranked the fourth-best health insurance company in 2024, according to Insure.com's annual ranking.
12. Oregon state regulators will allow UnitedHealth Group's Optum to bypass a state review of its planned purchase of Corvallis Clinic, citing an immediate need to maintain the provider's financial solvency.