UnitedHealth Group continued its dominance of the U.S. health insurance market in 2018, adding another 2.4 million members and $20.2 billion in revenues to its core UnitedHealthcare business compared to the previous year. Beyond retaining its status as the nation’s largest private insurer UnitedHealth Group is the most diversified health care company in the United States and a leader worldwide in helping people live healthier lives and helping to make the health system work better for everyone.
Categories: Health Care, Medical, Wellness
Headquarters Regions: Greater Minneapolis-Saint Paul Area, Great Lakes, Midwestern US
Founded Date: 1974
Number of Employees: 10001+
Website: www.unitedhealthgroup.com
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Phone Number: (800)328-5979
CEO
David S. Wichmann
Email: david_s_wichmann@uhc.com
Location: Minneapolis, Minnesota
Website: www.unitedhealthgroup.com
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David Wichmann became chief executive officer, UnitedHealth Group, on September 1, 2017.
Prior to becoming CEO, Wichmann was president of UnitedHealth Group, beginning in November 2014, and was a member of the Office of the Chief Executive Officer. He also served as chief financial officer of the enterprise from 2011 until mid-2016 and has overseen UnitedHealthcare since 2014. 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.
Wichmann directed UnitedHealth Group’s enterprise-wide technology and operations efforts and is spearheading the next generation of digital health technology for the company. He has managed improvements in consumer digital engagement using simple, intuitive interfaces, supported by large scale data and advanced analytics.
Wichmann has led M&A and integration activities for two decades, assessing hundreds of important acquisitions and building partnerships across health care. He is a leading force in the company’s program to inspire and drive innovation within the company and to secure and develop fresh ideas and approaches from both inside and outside the health care industry.
Wichmann’s experience in global markets is critical to building out the “third leg” of UnitedHealth Group’s long term growth. He is largely responsible for repositioning of Amil and growth of that business to a leading market position in the second largest private health care market in the world, Brazil.
Importantly, Wichmann is also a champion of the company’s mission – to help people live healthier lives and to make the health system work better for everyone – and its culture of integrity, compassion, innovation, relationships and performance.
UnitedHealth Group are committed to introducing innovative approaches, products and services that can improve personal health and promote healthier populations in local communities. Our core capabilities in clinical care resources, information and technology uniquely enable us to meet the evolving needs of a changing health care environment as millions more Americans enter a structured system of health benefits and UnitedHealth Group help build a stronger, higher quality health system that is sustainable for the long term. UnitedHealth continued to enjoy the pull of its Optum health services and analytics business, which raked in more than $101 billion, or 11.1% year-over-year growth. By those metrics, new CEO David Wichmann’s first full year at the helm was a resounding success. But there may be trouble brewing on the horizon: In recent months, health insurers have taken a beating in the market as the specter of “Medicare for All” becomes increasingly popular among Democratic presidential candidates—and Wichmann has been one of the loudest critics of universal health care proposals. UnitedHealth Group Incorporated is an American for-profit managed health care company based in Minnetonka, Minnesota. It offers health care products and insurance services. It is the largest healthcare company in the world by revenue, with 2018 revenue of $226.2 billion and 115 million customers.
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