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Home > Fortune 500 Companies > Unitedhealth Group
Unitedhealth Group
Unitedhealth Group is a publicly traded company having a good stock performance result. Unitedhealth Group is a fortune 500 stock listed company trading under UNH. It was founded in 1974 and was formerly known as United HealthCare Corporation and changed its name to UnitedHealth Group in 1998. The company is headquartered in Minnetonka, Minnesota.
UnitedHealth Group Incorporated provides healthcare services in the United States. It operates through four segments namely Uniprise, Health Care Services, Specialized Care Services, and Ingenix.
The Uniprise segment delivers health care and well-being services to employers, individual consumers, and other health care organizations. It also provides transactional processing services to various intermediaries and health care entities.
The Health Care Services segment provides health benefit plans and services, addressing the needs for preventative and acute health care services. Its products and services include Medicare Supplement and Medicare Advantage health benefit coverage and stand-alone prescription drug coverage and discount cards. This segment also offers its services to beneficiaries of other government-sponsored health care programs.
The Specialized Care Services segment offers a platform of specialty health and wellness, and ancillary benefits. It provides employee benefit offerings, provider networks, and related resources focusing on behavioral health and substance abuse, dental, vision, disease management, complex, chronic illness and care facilitation, and solutions in other areas.
The Ingenix segment offers database and data management services, software products, publications, consulting services, outsourced services, and pharmaceutical development and consulting services. As of December 31, 2005, the company provided health care services and resources to individuals through approximately 500,000 physicians and other care providers, and 4,600 hospitals.
UnitedHealth Group is a diversified health and well-being company dedicated to making the health care system work better. The company directs its resources into designing products, providing services and applying technologies that improve access to health and well-being services; simplify the health care experience; promote quality and make health care more affordable.
Since its inception, UnitedHealth Group and its affiliated companies have led the marketplace by introducing key innovations that make health care services more accessible and affordable for customers, improve the quality and coordination of health care services, and help individuals and their physicians make more informed health care decisions.
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