Optum
↗Eden Prairie, Minnesota, USA
Optum is a leading health services innovation company and a subsidiary of UnitedHealth Group (NYSE: UNH). It operates through three primary business segments: Optum Health, which provides care delivery and management; Optum Insight, which offers data, analytics, and technology services to hospitals and health plans; and Optum Rx, a major pharmacy benefit manager (PBM).
Optum is one of the largest healthcare services companies in the world, focusing on improving the performance of the health system by providing technology-enabled health management and care delivery services. It serves a vast network of providers, payers, and government entities, leveraging data from millions of patients to drive value-based care and clinical efficiency.
CLASSIFICATION
Company Type:Digital Health
Therapeutic Areas:
Industry:Digital Health
Sub-Industry:Healthcare Services & PBM
SIZE & FINANCIALS
Employees:10000+
Revenue:$253B
Founded:2011
Ownership:subsidiary
Status:operating
FUNDING
Stage:Pre-IPO
Investors:UnitedHealth Group
STOCK
Exchange:NYSE
Ticker:UNH
Market Cap:$480B
PIPELINE
Stage:Commercial
Lead Drug Stage:N/A (Service Provider)
Modalities:Small molecule, mAb, Biosimilars, Gene therapy
Active Trials:0
Trial Phases:-
FDA Approvals:0
EMA Approvals:0
CORPORATE STRUCTURE
Parent Company:UnitedHealth Group
Acquired By:UnitedHealth Group (2011-01-01)
Subsidiaries:OptumRx, OptumHealth, OptumInsight, SCA Health, LHC Group, Amedisys
Key Partnerships:Sanofi (insulin affordability), Walmart (value-based care), Red Ventures (health content)
COMPETITION
Position:Leader
Competitors:CVS Health (Aetna/Caremark), Cigna (Evernorth), Elevance Health, Humana
LEADERSHIP
Key Executives:
Heather Cianfrocco - CEO, Optum
Patrick Conway, M.D. - CEO, Optum Health
Sandeep Dadlani - CEO, Optum Insight
LINKS
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