UnitedHealth Group

By Laura Lovett November 6, 2018
UnitedHealth Group finished the third quarter strong, reporting a 12 percent year-over-year revenue growth totalling $56.6 billion. This finish prompted the company to raise its 2018 net earnings outlook to approximately $12.10 per share, up from the $11.80 to $12.05 range.  CEO David Wichmann highlighted the company’s use of information, technology and clinical insights as reasons for the...
By Dave Muoio April 10, 2018
With discussions on consumer data privacy again reaching a head amongst the lay press and lawmakers, it isn’t too far a stretch to wonder whether the data collected continuously through health and fitness wearables is receiving appropriate scrutiny. During a wearables-focused panel discussion held yesterday at PULSE: The Atlantic Summit on Health Care in Boston, top names from Fitbit, Empatica,...
By Susan Morse November 29, 2017
Optum on Tuesday launched the venture fund Optum Ventures, which has $250 million to invest in digital health startup companies. The venture fund will invest in companies that use data and insights to help improve consumers’ access to healthcare services and how care is delivered and paid for, according to a statement from UnitedHealth Group, Optum’s parent company. Optum CEO Larry Renfro is...
By Aditi Pai April 6, 2016
Minneapolis-based tech-savvy payer Bright Health has raised $80 million in a round led by Bessemer Venture Partners and New Enterprise Associates (NEA), with participation from Flare Capital Partners. Bright Health is led by a team of experienced healthcare executives. The company’s CEO Bob Sheehy was previously the CEO of UnitedHealthcare. Kyle Rolfing, Bright Health’s president, is the...
By Aditi Pai April 30, 2015
UnitedHealthcare has announced that it will now cover video visits from Doctor On Demand, American Well's AmWell, and its own Optum's NowClinic, which is a white-labeled American Well offering. The insurance company pointed out that the average price of a video visit is less than $50, and as part of its coverage for the service its members will still be responsible for a portion of that fee...
By Aditi Pai April 6, 2015
Existing UnitedHealthCare tool At the HxRefactored event in Boston last week, UnitedHealth Group Vice President of Innovation and R&D Kunjorn Chambundabongse discussed the strategy behind the payor's internal incubation group and revealed one of the group's newest projects, a vending machine that will sync up with employee wellness plans. Chambundabongse said that, according to IDC, one...
By Brian Dolan March 24, 2015
Chris Bergstrom Recent months have brought with them a number of important hires and departures at digital health companies. Here's a roundup of some of the ones we've been tracking. Feel free to add your own in the comments below. Chris Bergstrom has stepped away from his full-time position of Chief Strategy and Commercial Officer at WellDoc, but he will remain an advisor to the company. As a...
By Jonah Comstock March 17, 2015
OptimizeMe, the Zurich, Switzerland-based life logging app that interprets wellness data users collect through apps and devices, will soon launch its second version under a new name, following an "amicable legal dispute resolution" with UnitedHealth Group. OptimizeMe shares a very similar name with United's employee wellness app OptumizeMe, and United holds the trademark on the name. Under the...
By Jonah Comstock March 19, 2014
The InstaMed Go iPad app. Electronic medical payment network InstaMed has launched a mobile app called InstaMed Go. The mobile app will allow providers who use InstaMed to collect payments at the bedside or anywhere in the hospital. "InstaMed Go is our application for healthcare providers, and really what we've done is we've taken everything they could do on our desktop application and...
By Brian Dolan March 6, 2014
Steve Krupa, Managing Member, Psilos "We are about to have a significant flip in the competitive dynamics of healthcare," Steve Krupa, managing member and Chief Operating Officer, of healthcare investment firm Psilos told Babyforyou.net.ua in a recent interview. "It’s going to be quite severe and shocking across the board for the big and small players delivering health insurance, providers, and...
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