Executives detail UnitedHealthcare, Optum Health's growth plans
01/02/24 at 04:00 AM
Executives detail UnitedHealthcare, Optum Health's growth plans
Modern Healthcare, by Lauren Berryman; 12/28/23
At its annual investor conference, company executives provided an update on how the healthcare behemoth has sought to minimize the financial impact of Medicare Advantage rate changes, its progress hiring physicians and its use of technology to improve the patient, provider and payer experiences. The company said it projects 2024 revenue to hit $400 billion, a 9.1% increase over 2023's anticipated revenue, after accounting for Medicare funding reductions. The company's insurance arm expects revenue of $302 billion to $304 billion next year.