PYMNTS-MonitorEdge-May-2024

Optum

Optum, a part of UnitedHealth Group, is a pharmacy benefit manager and care services group operating across 150 countries in North America, South America, Europe, Asia Pacific and the Middle East.

Source: optum.com

UnitedHealth Group Shutting Down Optum Virtual Care Telehealth Business
UnitedHealth Group Shutting Down Optum Virtual Care Telehealth Business
April 24, 2024  |  Healthcare

UnitedHealth Group is shutting down its Optum Virtual Care telehealth business. Employees were notified of the shutdown on Thursday (April 18), and some were told that their last day...

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UnitedHealth Group Faces Another DOJ Antitrust Investigation
UnitedHealth Group Faces Another DOJ Antitrust Investigation
February 27, 2024  |  Healthcare

UnitedHealth Group, owner of the biggest U.S. health insurer, is reportedly facing an antitrust investigation by the Justice Department. This probe is focusing on UnitedHealth’s various...

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Healthcare Data Breaches Present Obstacle to Digital Transformation
Healthcare Data Breaches Present Obstacle to Digital Transformation
February 25, 2024  |  Healthcare

Last week’s data breach of United Health Group’s (UHG) prescription provider comes at a critical time in the digital transformation of connected healthcare. Just as...

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Value-Based Care and Digital Health Innovation Drive UnitedHealth’s Q3 Results
Value-Based Care and Digital Health Innovation Drive UnitedHealth’s Q3 Results
October 13, 2023  |  Healthcare

UnitedHealth, the largest U.S. health services company by revenue, wants to keep its crown. The company’s third-quarter 2023 earnings results, announced on Friday (Oct. 13),...

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UnitedHealth’s Amedisys Deal Come as Home Health and Data Cement Care Ecosystems 
UnitedHealth’s Amedisys Deal Come as Home Health and Data Cement Care Ecosystems 
June 26, 2023  |  Healthcare

In healthcare, the latest acquisition brings to mind that old Fred Astaire song lyric: “Won’t you change partners and dance with me?” On Monday, as had...

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Amedisys Agrees to $3.3 Billion UnitedHealth Merger
Amedisys Agrees to $3.3 Billion UnitedHealth Merger
June 26, 2023  |  Partnerships / Acquisitions

Home health company Amedisys has agreed to a $3.3 billion merger with UnitedHealth Group. The deal calls for the acquisition of Amedisys’ outstanding common stock in an all-cash...

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Optum Bid for Amedisys Shows Ongoing Reinvention of the Private Healthcare Ecosystem
Optum Bid for Amedisys Shows Ongoing Reinvention of the Private Healthcare Ecosystem
June 06, 2023  |  Healthcare

The growing yet fragmented home health space is moving toward a more consolidated and centralized footing one deal at a time as major players continue...

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Hospital at-Home Trend Builds as Optum, LHC Join Humana and Others as Care Shifts
Hospital at-Home Trend Builds as Optum, LHC Join Humana and Others as Care Shifts
March 29, 2022  |  Healthcare

With the Centers for Medicare & Medicaid Services (CMS) estimating an average three-day hospital stay at $30,000 and COVID-19 fears still very much a factor...

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UnitedHealth Signs $5.4B Acquisition Deal for Home Health Biz LHC
UnitedHealth Signs $5.4B Acquisition Deal for Home Health Biz LHC
March 29, 2022  |  Acquisitions

UnitedHealth Group subsidiary Optum health services signed a $5.4 billion acquisition deal for home healthcare business LHC Group, The Wall Street Journal reported. LHC Group is one of...

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