Optum, Inc. is a subsidiary of UnitedHealth Group (UHG) and was founded in 2011. Headquartered in Eden Prairie, Minnesota, United States, Optum is a prominent healthcare services provider with interests in technology, pharmacy care services, and direct healthcare services. It comprises three main businesses: OptumHealth, OptumInsight, and OptumRx. Optum accounted for 44 percent of UnitedHealth Group’s profits in 2017, and its revenues have surpassed $100 billion as of 2019.

Over the years, Optum has made several strategic acquisitions to expand its offerings in the healthcare industry. Some notable acquisitions include MedExpress, Surgical Care Affiliates, DaVita Medical Group, and Change Healthcare. Additionally, Optum has acquired various healthcare technology services to enhance its pharmacy benefit manager and care services offerings.

With a diverse portfolio of companies operating in different sectors of the healthcare industry, Optum has established itself as a leader in the field. Its subsidiaries and acquisitions have contributed to Optum’s growth and solidified its position as one of the largest and most innovative healthcare systems in the United States.

Key Takeaways:

  • Optum, Inc. is a subsidiary of UnitedHealth Group (UHG) and was founded in 2011.
  • Optum is a healthcare services provider with interests in technology, pharmacy care services, and direct healthcare services.
  • Optum comprises three main businesses: OptumHealth, OptumInsight, and OptumRx.
  • Some notable acquisitions by Optum include MedExpress, Surgical Care Affiliates, DaVita Medical Group, and Change Healthcare.
  • Optum’s diverse portfolio of companies operates in various sectors of the healthcare industry.

Optum’s Subsidiary Companies and Acquisitions

Optum, as a leading healthcare services provider, has expanded its capabilities and offerings through a number of subsidiary companies and strategic acquisitions. Let’s take a closer look at some of the notable entities under Optum’s ownership and the key acquisitions that have shaped its position in the healthcare industry.

Subsidiary Companies

Optum’s subsidiary companies bring diverse expertise to its corporate portfolio. Among these subsidiaries are:

  • ACN Group IPA of New York: Specializes in integrated care management services, population health, and clinical quality improvement.
  • OptumHealth Physical Health of California: Offers a wide range of physical healthcare services, including primary care, specialty care, and rehabilitation services.
  • CanReg (Europe) Limited: Provides regulatory affairs services, supporting pharmaceutical and medical device companies in meeting European regulations.
  • Catamaran: A pharmacy benefit management company that focuses on cost-effective medication management for patients.

Key Acquisitions

Optum’s strategic acquisitions have played a crucial role in its growth and establishment as a leader in the healthcare industry. Some notable acquisitions include:

Company Year of Acquisition
MedExpress 2015
Surgical Care Affiliates 2017
DaVita Medical Group 2018
Change Healthcare 2021

These acquisitions have not only expanded Optum’s reach but also enhanced its ability to provide comprehensive healthcare solutions to its customers and clients.

Through its subsidiary companies and strategic acquisitions, Optum continues to innovate and drive positive change in the healthcare industry, improving access to quality care and delivering value for its stakeholders.

Optum’s Role in the Healthcare Industry

Optum, a subsidiary of UnitedHealth Group, plays a significant role in the healthcare industry. With a diverse corporate portfolio, Optum offers a range of healthcare solutions through its businesses, including OptumHealth, OptumInsight, and OptumRx. These entities provide technology, pharmacy care services, and direct healthcare services to meet the evolving needs of individuals, families, and employers.

Optum’s ownership extends beyond its core businesses, as it is affiliated with various healthcare providers, health plans, government agencies, and life science companies. This extensive network allows Optum to collaborate and leverage its expertise in data analytics, pharmacy care services, and population health management. Through strategic partnerships and acquisitions, Optum has positioned itself as a leader in the industry.

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Optum boasts a reputation for delivering high-quality and cost-effective healthcare services. Its data-driven approach enables it to gain valuable insights, drive innovation, and improve patient outcomes. By harnessing the power of technology and leveraging its affiliated businesses, Optum continues to drive growth and profitability not only for itself but also for UnitedHealth Group.

In summary, Optum’s ownership, corporate portfolio, and affiliation with a diverse range of healthcare entities have cemented its position as a key player in the healthcare industry. Its commitment to leveraging technology, data analytics, and strategic acquisitions has positioned it as an innovative leader, transforming the way healthcare services are delivered today.

FAQ

What companies does Optum own?

Optum owns several subsidiary companies, including ACN Group IPA of New York, OptumHealth Physical Health of California, CanReg (Europe) Limited, and Catamaran, among others.

What acquisitions has Optum made?

Optum has made several acquisitions to expand its capabilities and offerings. Some notable acquisitions include MedExpress, Surgical Care Affiliates, DaVita Medical Group, and Change Healthcare.

How has Optum grown its presence in the healthcare industry?

Optum has grown its presence in the healthcare industry through strategic acquisitions and investments. These acquisitions have helped Optum become one of the largest healthcare systems in the United States and a leader in the healthcare industry.

What is Optum’s role in the healthcare industry?

Optum plays a significant role in the healthcare industry by offering a range of healthcare solutions. It is involved in various sectors, including technology, pharmacy care services, and direct healthcare services. Optum’s data and analytics capabilities, pharmacy care services, and population health management solutions are highly regarded in the industry.

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