From being named to the Fortune 500 list, to CEO Andrew Witty saying the company is embracing telehealth, here are nine recent headlines about UnitedHealth:
1. UnitedHealth Group was named the 33rd most reputable company in the U.S., according to an Axios survey released May 24.
2. UnitedHealth Group ranked fifth on this year’s Fortune 500 list, released May 23.
3. UnitedHealth Group gets the second most “return on leadership” among Fortune 500 companies, according to Fortune.
4. UnitedHealth Group CEO Andrew Witty said the company has built telehealth strategies to reduce wasteful spending and meet the need for more behavioral healthcare.
5. Health and hospital groups and state attorneys general are calling on a federal appeals court to rehear a case involving UnitedHealth Group’s behavioral health unit’s denial of 67,000 mental health and substance abuse claims.
6. UnitedHealth Group’s former CEO David Wichmann made $142.2 million in 2021, primarily through previously issued equity awards, according to the Minneapolis Star Tribune.
7. An LHC Group shareholder is suing the company and its board of directors over the proposed merger with UnitedHealth Group’s Optum unit.
8. UnitedHealth Group saw the largest net income among payers in the first quarter of 2022.
9. The Massachusetts Supreme Court approved a $236 million merger between UnitedHealth Group subsidiary Optum and Atrius Health on April 29.
Source: Beckers Payer