Two months after being named to the top job at UnitedHealth Group, Chief Executive Andrew Witty announced Wednesday his first major leadership changes within the Minnetonka-based health care giant, including a new CEO at UnitedHealthcare, which is the nation's largest health insurer. The unit has expanded steadily over the past few years, especially in growth areas like Medicaid and privately run Medicare Advantage plans, two lucrative markets as people lose employer-sponsored insurance due to the pandemic's economic fallout. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. ET. Brian Thompson Chief Executive Officer UnitedHealthcare P.O. Internet Explorer presents a security risk. https://www.businesswire.com/news/home/20210407005251/en/, Do Not Sell My Personal Information (CA Residents Only). (RTTNews) - UnitedHealth Group (UNH) has appointed Brian Thompson as Chief Executive Officer of UnitedHealthcare, the health benefits business. UnitedHealth Group ( UNH -1.82%) Q1 2021 Earnings Call. UnitedHealth Group has named longtime executive Brian Thompson as the new chief executive officer of its health benefits business, UnitedHealthcare, the biggest private payer in the U.S. Thompson, who joined UnitedHealth in 2004, was most recently CEO of UnitedHealthcare's government business, including its Medicare & Retirement and Community & State divisions. For example, has UHC assessed whether its enrollees have enough providers available during non-traditional hours, such as evenings and weekends? Based on our data team's research, Andrew Philip Witty is the UnitedHealth Group's CEO. Let Healthcare Dive's free newsletter keep you informed, straight from your inbox. Mr. Brian Thompson . Has it helped its enrollees connect with a primary care provider? Brian Thompson CEO, UnitedHealthcare: 253: Derivative/Non-derivative trans. Brian Thompson-- Chief Executive Officer, UnitedHealthcare. Minneapolis, MN 55440 -1459 . View source version on businesswire.com: https://www.businesswire.com/news/home/20210407005251/en/, Eric Hausman To request permission to reproduce AHA content, please click here. With 70 million members, Minnesota-based UnitedHealthcare is the largest U.S. health insurance company in number of covered lives. 1 min Read, UnitedHealth Group Board Authorizes Payment of Quarterly Dividend, UnitedHealth Group Reports Fourth Quarter and Full Year 2022 Financial Results, UnitedHealth Group Announces Earnings Release Date. Topics covered: interoperability, artificial intelligence, digital health, EHRs, cybersecurity, vendor activity and telehealth. UnitedHealthcare Box 1459 . All rights reserved. The OptumRx segment offers pharmacy care services. Minnetonka, MN 55343 . Heather Cianfrocco will become chief executive of the PBM, which is called OptumRx. MINNETONKA, Minn.--(BUSINESS WIRE)-- UnitedHealthcare has a new chief executive officer. UNH earnings call for the period ending March 31, 2021. As UnitedHealthcare's new CEO . This is the largest business dedicated to the health and well-being needs of older adults and other Medicare beneficiaries; Community & State and provides diversified health care benefit products and services for the economically disadvantaged, the medically underserved and those without the benefit of employer-funded health care coverage. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. UnitedHealth Group Inc. on Wednesday named Brian Thompson the CEO of UnitedHealthcare, the company's insurance unit and its biggest overall business. UnitedHealth Group offers a broad spectrum of products and services through two distinct platforms: Optum, which provides information and technology-enabled health care services; and UnitedHealthcare, which provides health care coverage and benefits services. Category: Health Detail Health Email Formats. The $200 billion worth of Health Insurance firm UnitedHealth promoted senior executive Brian Thompson as the new Chief Executive Officer. Includes transcripts, social sentiment, and more. United Healthcare is part of the Insurance industry, and located in Minnesota, United States. Its the first major personnel move by UnitedHealth chief executive Andrew Witty since he took over as the companys top executive in February. UnitedHealth Group Reports Fourth Quarter and Full Year 2022 Financial Results. We are committed to charting a more sustainable path forward, helping to build a modern, high-performing health system that improves access, affordability, outcomes and experiences for the people who depend on it. John Prince, who runs the pharmaceutical benefits management (PBM) business, will succeed Schumacher as the Optum president. The UnitedHealthcare segment utilizes Optum's capabilities to help coordinate patient care, improve affordability of medical care, analyze cost trends, manage pharmacy benefits, work with care providers more effectively, and create a simpler consumer experience. Live from New York and Hong Kong, bringing you the essential stories from the close of the U.S. markets to the open of trading across Asia. Brians experience, relationships and values make him especially well-suited to help UnitedHealthcare improve how health care works for consumers, physicians, employers, governments and our other partners, leading to continued and sustained long-term growth, said Andrew Witty, CEO of UnitedHealth Group. UnitedHealthcare, which employs nearly 140,000 people across the United States and globally, is part of. Still, Thompson takes the helm at a contentious time in the payer's provider relationships. Take action if a situation seems life-threatening. View Brian's Email (It's Free) 5 free lookups per month. In addition, we also urge UHC to evaluate whether its other policies that restrict enrollees coverage for a wide range of hospital outpatient department services may contribute to access challenges for patients. All rights reserved. Brian Thompson Chief Executive Officer UnitedHealthcare About Brian Thompson Brian Thompson was named chief executive officer for UnitedHealthcare in April 2021. 612-990-7078 Advanced search Log in Forgot password ? To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Threatening patients with a financial penalty for making the wrong decision could have a chilling effect on seeking emergency care. Brian R Thompson, UnitedHealthcare Inc: Profile and Biography - Bloomberg Markets Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Subscribe Live. Dear Mr. Thompson: As leading organizations in the United States dedicated to improving outcomes for people with mental health and substance use disorders, we write to object to UnitedHealthcare's (UHC) announced policy to Prior to this role, he served as chief executive officer Medicare & Retirement, UnitedHealthcare's government programs. We urge you to rescind this and other policies that restrict patients access to care and put patients health outcomes at risk. Eric Hausman A large anesthesiology grouprecently sued UnitedHealth, alleging the company has stifled competition. at $ 497.10 per share: 125,766: 06/07/22: Erin L. McSweeney EVP Chief People Officer: 125: The most recent stock trade was executed by Thomas E Roos on 26 August 2022, trading 465 units of UNH stock currently worth $252,202. Get 5 free searches. Preview / Show more . The latest Updates and Resources on Novel Coronavirus (COVID-19). Brian's mailing address filed with the SEC is C/O UNITEDHEALTH GROUP, 9900 BREN ROAD EAST, MINNETONKA, MN, 55343. CEO Brian Thompson Headquarters Minnetonka, Minnesota Employees Approximately 3,100 Members Approximately 12 million Presence All 50 states, D.C. and U.S.territories Learn more about our plans at UHCMedicareSolutions.com. The Emergency Nurses Association signed on to the following letter to United Healthcare Chief Executive Officer Brian Thompson following the announcement of a new policy to allow for the retroactive denial of coverage for emergency care. Create your Watchlist to save your favorite quotes on Nasdaq.com. 2023 UnitedHealth Group. For example, one UHC webpage specifically tells enrollees: Do not ignore an emergency. CEO(officer: CEO, UnitedHealthcare) 388654 , . It's a major personnel . Enclose phrases in quotes. a href= '' https: //www.nasdaq.com/press-release/brian-thompson-named-chief-executive-officer-of-unitedhealthcare-unit-2021-04-07 '' > United healthcare services inc . Prior to this role, he served as chief executive officer Medicare & Retirement, Will a Chatbot Be Just What the Doctor Ordered for Reimbursement Appeals? Copy and paste multiple symbols separated by spaces. UnitedHealth Group has named longtime executive Brian Thompson as the new chief executive officer of its health benefits business, UnitedHealthcare, the biggest private payer in the U.S. Thompson, who joined UnitedHealth in 2004,was most recently CEO of UnitedHealthcare's government business, including its Medicare,retirement and community and state divisions. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. Josh Raskin-- Nephron Research -- Analyst. Thompson heads the health benefits unit of UnitedHealth Group. Of this total $0 was received as a salary, $0 was received as a bonus, $0 was received in stock options, $0 was awarded as stock and $0 came from other types of compensation. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. Opinions expressed by Forbes Contributors are their own. Why Patients Leave 4 Nonnegotiable Consumer Expectations, 3 Looming Questions from the J.P. 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