🔥 united healthcare: What You Need to Know Right Now!
Key Overview
UnitedHealth Group Incorporated is an American multinational for-profit company specializing in health insurance and health care services based in Eden Prairie, Minnesota. Selling insurance products under UnitedHealthcare, and health care services under the Optum brand, it is the world's ninth-largest company by revenue and the largest health care company by revenue. The company is ranked 8th on the 2024 Fortune Global 500. UnitedHealth Group had a market capitalization of $460.3 billion as of December 20, 2024.
Organizational structure
Organizational structure
UnitedHealth Group has two subsidiaries: Optum and UnitedHealthcare.
Finance
Finance
For the fiscal year 2022, UnitedHealth Group reported earnings of US$20.64 billion, with an annual revenue of US$324.16 billion. UnitedHealth Group's 2023 revenue grew by $47.5 billion, or 14.6%, on annualized revenue of $371.6 billion. Operating income for 2023 was $32.4 billion (up 13.8%). Cash flows from operations were $29.1 billion.
Lobbying
Lobbying
In 2009, according to OpenSecrets, people affiliated with UnitedHealth Group gave $4.77 million to political candidates and groups. The Affordable Care Act was being discussed in Congress at the time and was subsequently passed in the first quarter of 2010. In 2010 UnitedHealth Group hired nine different lobbying firms to work on its behalf.
Foundations
Foundations
Foundations affiliated with UnitedHealth Group include the UnitedHealth Foundation (UHF) and the UnitedHealthcare Children's Foundation (UHCCF), both of which were established in 1999. UHF pledged $100 million over ten years to fund scholarships and workforce development programs focused on increasing ethnic and racial diversity within the health care industry.
See also
See also
America's Health Rankings reports released annually (in conjunction with UnitedHealth Group's UnitedHealth Foundation) since 1990 2024 Change Healthcare ransomware attack Killing of Brian Thompson nH Predict
External links
External links
Official website Business data for UnitedHealth Group Incorporated: UnitedHealth Group Incorporated recipient profile on USAspending.gov
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