From posting a $5.8 billion profit in the third quarter of 2023 to enhancing the benefits of its UCard, here are 10 updates on UnitedHealth Group Becker's has reported since Sept. 29:
1. UnitedHealthcare promoted Colleen Van Ham to CEO of its dental and vision divisions.
2. Neil de Crescenzo, former CEO at Change Healthcare, departed as CEO of Optum's data and analytics arm after less than a year in the role and has been replaced by Roger Connor, UnitedHealth Group's executive vice president of enterprise operations and services.
3. UnitedHealth Group expects to add around 1 million Medicare Advantage and commercial members by the end of 2023.
4. UnitedHealth Group wants to lower the price of GLP-1 drugs such as Ozempic and Wegovy, but it needs drug manufacturers to get on board, executives said.
5. UnitedHealth Group recorded double-digit growth in revenue year over year across its core lines of business at UnitedHealthcare and Optum, according to the company's third-quarter earnings report.
6. UnitedHealthcare promoted Marcus Robinson to CEO of its individual and family plans business.
7. A pair of lawmakers are calling on the Federal Trade Commission and the Justice Department's antitrust division to "carefully scrutinize" UnitedHealth Group's proposed $3.3 billion acquisition of home and hospice care provider Amedisys.
8. UnitedHealthcare is expanding its Medicare Advantage footprint next year and enhancing the benefits of its UCard, an integrated insurance ID card with many uses for members.
9. UnitedHealthcare will offer individual exchange plans in Wisconsin, New Jersey, New Mexico and South Carolina in 2024.
10. The U.K.'s Competition and Markets Authority gave UnitedHealth the OK to acquire health technology firm EMIS Group.