Hints and tips:
...UnitedHealth said that combining Change and Optum would increase efficiency and reduce friction in healthcare, producing a better experience and lower costs....
...Witty has been chief executive of UnitedHealth’s health services arm Optum since early 2018 and assumed the role of president the following year....
...Optum, a data company owned by UnitedHealth Group, has filed a patent application for data scraping software that would pull healthcare info from Facebook and Twitter....
...The largest health insurer, UnitedHealth Group, which operates its own PBM, Optum, said this month that it would pass on the “overwhelming majority” of discounts to some of its clients....
...John Prince, chief executive at Optum RX, said manufacturers continue to raise list prices because of a “lack of meaningful competition”....
...The company has also hired David Smith, an information technology executive from United Health’s Optum unit....
...Optum’s operating margin of 7 per cent in the first quarter is 1.3 percentage points above that for UnitedHealthcare....
...through an expanded Optum Ventures”, the company announced....
...policy threatens to plunge the industry into a protracted period of uncertainty and to scramble the business models of pharmacy benefits managers such as Express Scripts, CVS’s Caremark and UnitedHealth’s Optum...
...UnitedHealth, the biggest US health insurer by market value, may be facing an outsized blow because it also runs a large health services unit called Optum....
...UnitedHealth, the biggest US health insurer by market value, may also be facing a blow because it also runs a large health services unit called Optum....
...This article has been amended since it was first published to correct the owners of Caremark and Optum Rx...
...The Optum deal is valued at $1.3bn and the Vista side is worth $1.55bn....
...The three largest PBMs — CVS’s Caremark, Express Scripts and UnitedHealth’s Optum — together manage roughly 250m lives, according to Credit Suisse....
...The company, which also operates a medical services arm known as Optum, recorded net income of $2.28bn, or $2.32 per share, up 30 per cent from the same three months in 2016....
...Rather, it has focused its expansion efforts on its Optum health-services arm, which has helped it shore up earnings and revenue in recent quarters....
...Ask most Americans to name their pharmacy benefits manager, or PBM, and they will struggle, yet companies like Express Scripts, CVSHealth’s Caremark and UnitedHealth’s Optum play a major role in setting...
...As in the second quarter, its revenues were boosted by strong growth in the Optum health services arm, whose activities include, billing services and data analysis for healthcare groups....
...Profits in the company’s Optum health services group jumped to $1.5bn in the fourth quarter from $1bn in the final three months of 2014....
...Optum, part of UnitedHealth, and CSC are understood to have pulled out. Interserve declined to comment....
...Express Scripts, CVS Caremark and UnitedHealth’s Optum said they would not reimburse prescriptions dispensed by Philidor....
...NHS England has announced that Capita Business Services, Mouchel and Optum, part of United Health, are among private sector companies that are in line to win work worth at least £5bn advising new doctor-led...
...UnitedHealth, which is offering $61.50 a share, is planning to merge Catamaran with its Optum Rx unit, the sector’s number three....
...Together, Optum and Catamaran would control about 1bn prescriptions a year, which they hope will give them the clout to extract big discounts from pharmaceutical companies in exchange for access to their...
...Big data can also improve consumer choices on healthcare, says Paul Bleicher, chief executive of Optum Labs, a research centre that is part of UnitedHealth Group, the US healthcare company....
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