UnitedHealth Group Inc. (UNH) has said that revenue rose 4.25% in the latest quarter. The number of people the company served rose in Medicare Advantage and commercial benefits programs.
The massive company posted 4th-quarter sales of $60.9 billion. This is up from $58.42 billion a year earlier.
The company's UnitedHealthcare unit had revenue of $48.2 billion. This is up from $46.2 billion a year earlier.
Sales for the Optum health-services business totaled $29.8 billion. This is up from $27.6 billion a year earlier.
It is informative to take a look at the overall situation. Earnings were $3.54 billion, or $3.68 a share, compared with $3.04 billion, or $3.10 a share.
UnitedHealth Group Incorporated is an interesting American for-profit managed health care company based in Minnetonka, Minnesota. The company offers exciting health care products and insurance services. It is the largest healthcare company in the world by revenue. Amazingly, 2018 revenue was $226.2 billion. The number of customers was 115 million customers. The company website is unitedhealthgroup.com. UnitedHealth Group helps people live healthier lives. The company helps make the health system work better for everyone. The stock of the company is: UNH (NYSE). The CEO is David S. Wichmann (From Sep. 1, 2017).
UnitedHealthcare includes 4 divisions:
1) UnitedHealthcare Employer and Individual - Provides health benefit plans and services for large national employers.
2) UnitedHealthcare Medicare and Retirement - Provides health and well-being services to individuals age 65 and older.
3) UnitedHealthcare Community and State - Serves state programs that care for the economically disadvantaged, the medically underserved and people without the benefit of employer-funded health care coverage, in exchange for a monthly premium per member from the state program.
4) UnitedHealthcare Global - Serves 6.2 million people with medical benefits, residing principally in Brazil, Chile, Colombia and Peru but also in more than 130 other countries.
Here are the UnitedHealth Group Subsidiaries:
Optum
Oxford Health Plans, LLC
UnitedHealthcare StudentResources
Golden Rule Insurance Company
Amil Participacoes SA
PacifiCare Health Systems
UnitedHealthcare Community & State
United HealthCare Services, Inc.
HealthSCOPE Benefits, Inc.
National MedTrans Network Inc.
PatientsLikeMe
Banmédica
American Medical Security Group, Inc.
UnitedHealth Group International B.V.
Specialized Care Services
United Health Foundation
Sierra Health Services, Inc.
Mid Atlantic Medical Services, LLC
UnitedHealth International, Inc
Golden Rule Financial Corp
United HealthCare Insurance Company of Ohio
UHC International Services Inc
PacifiCare Insurance Company
UnitedHealthcare International Asia LLC
Helios Comp
Matria Healthcare, Inc.
FMG Holdings, LLC
Savvysherpa Asia, Inc.
CentriHealth, Inc.
HPP Viseu, S.A.
Administradora de Transacciones Electronicas S.A.
Hospital Carlos Chagas S/A
Portland Professional Pharmacy Associates
Alere Wellology Inc
H&W Indemnity, (SPC), Ltd.
Surgery Center at Cherry Creek, LLC
Hospital Geral e Maternidade Madre Maria Theodora Ltda.
1031387 B.C. Unlimited Liability Company
AIG United HealthCare LLC
Unitedhealthcare International Latam Corporation
i3 CanReg Inc.
UHC Capital IV
IV Specialists, Inc.
Catamaran Home Delivery of Texas, Inc.
Union Health Solutions, Inc
HPP - Medicina Molecular, S.A.
UHC Capital II
Bordeaux International Holdings, Inc.
Family Health Care Services
UHC International Holdings, Inc.
Innovus Research Inc.
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