sector: Financials ·
industry: Insurance - Life & Health ·
As of
10:50pm IST
29.31USD
UnitedHealth Group Incorporated (UnitedHealthcare) is a diversified health and well-being company. The Company operates in four segments: Health Care Services, OptumHealth, Ingenix and Prescription Solutions. The Health Care Services segment consists of UnitedHealthcare, Ovations and AmeriChoice businesses. OptumHealth serves approximately 60 million individuals with its diversified offering of health, financial and ancillary benefit services and products that assist consumers in navigating the healthcare system and accessing services. Ingenix offers database and data management services, software products, publications, consulting and actuarial services and business process outsourcing services. Prescription Solutions offers a suite of integrated pharmacy benefit management services to approximately 10 million people, through approximately 60,000 retail network pharmacies and two mail service facilities as of December 31, 2008. On May 30, 2008, it acquired Unison Health Plans.
BRIEF: For the nine months ended 30 September 2009, UnitedHealth Group Inc.'s revenues increased 8% to $65.35B. Net income increased 28% to $2.88B. Revenues reflect an increase in income from Health Care Service segment, higher income from Optum Health segment, an increase in income from Ingenix segment and higher income from Prescription solutions segment. Net income also reflects a decrease in operating costs and lower interest expense.
UnitedHealth Group Incorporated
UnitedHealth Group Center
9900 Bren Road East
Minnetonka MN 55343
P: +1952.9361300