Enrollment in Medicare Advantage plans at UnitedHealthcare grew by more than 13% over the past year, and now stands at more than 7.2 million seniors, according to a report last month from Pennsylvania-based research firm Mark Farrah Associates. 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. Why Patients Leave 4 Nonnegotiable Consumer Expectations, 3 Looming Questions from the J.P. 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Witty, meanwhile, will shed the title of Optum's CEO at some point soon, with a new chief executive being appointed for the division. eric.hausman@uhg.com. View the full release here: https://www.businesswire.com/news/home/20210407005251/en/, Brian Thompson has been named Chief Executive Officer of UnitedHealthcare, the health benefits business of UnitedHealth Group. United Healthcare Location 9900 Bren Rd, Minnetonka, Minnesota, 55343, United States Description Industry Insurance Discover more about United Healthcare Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. automatize. more of the story, Caribou Coffee paring down downtown Minneapolis footprint to just four stores, Bio-Techne will invest $257 million in New Brighton med-tech company, Delta pilots approve contract to raise pay by more than 30%, Supreme Court seems ready to reject student loan forgiveness, Ramstad: One of four Minnesotans will have to re-qualify for Medicaid this year. Patients are not medical experts and should not be expected to self-diagnose during what they believe is a medical emergency. What is going on with hemp and the regulation of cannabinoids at the federal and state level now that FDA says it needs Congress to provide a framework? Still, Thompson takes the helm at a contentious time in the payer's provider relationships. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. UnitedHealthcare has a new chief executive officer. UnitedHealth Group (NYSE: UNH) is a diversified health care company dedicated to helping people live healthier lives and helping make the health system work better for everyone. Technologies. The OptumHealth segment provides health and wellness care, serving the broad health care marketplace including payers, care providers, employers, government, life sciences companies, and consumers. Minnetonka, MN 55343 . I write about healthcare business and policy. | These symbols will be available throughout the site during your session. Optum also runs a fast-growing division that provides patient care through clinics, surgery centers and facilities for urgent care. As CEO of UnitedHealthcare, Thompson will drive continued growth across the global, employer, individual, specialty and government benefits businesses while continuing the companys focus on ensuring access to high-quality, affordable health care. United Healthcare is part of the Insurance industry, and located in Minnesota, United States. Brian R Thompson, UnitedHealthcare Inc: Profile and Biography - Bloomberg Markets Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Subscribe Live. (Podcast), Chief Executive Officer, UnitedHealthcare Inc. Topics covered: payer-provider partnerships, value-based care efforts, payer market moves and healthcare reform efforts. 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. UnitedHealthcare's CEO, Brian Thompson, talks about our new efforts to make life-saving drugs more affordable: More: uhg.co/OOPC1 UnitedHealthcare's CEO, Brian Thompson, talks about our new . Join He was named to the position in April 2021. With 70 million members, Minnesota-based UnitedHealthcare is the largest U.S. health insurance company in number of covered lives. Last updated: 27 February 2023 at 7:24pm EST. Brian Thompson-- Chief Executive Officer, UnitedHealthcare. Chief Executive Officer. Brian Thompson joined UnitedHealth Group in 2004. MINNETONKA, Minn.--(BUSINESS WIRE)-- Brian Thompson has been named Chief Executive Officer of UnitedHealthcare, the health benefits business of UnitedHealth Group (NYSE: UNH). UnitedHealth Group offers a broad spectrum of products and services through two distinct platforms: UnitedHealthcare, which provides health care coverage and benefits services; and Optum, which provides information and technology-enabled health services. Heather Cianfrocco will become chief executive of the PBM, which is called OptumRx. 9900 Bren Rd. By Get a D&B Hoovers Free Trial. https://www.businesswire.com/news/home/20210407005251/en/, Do Not Sell My Personal Information (CA Residents Only). 2023, Nasdaq, Inc. All Rights Reserved. As you know, UHCs parent company UnitedHealth Group posted a 35% year-over-year jump in operating profits in the first quarter of 2021.4 Despite earning $6.7 billion in a single quarter, UHC enrollees are being asked to pay more for their coverage. Brian Thompson has been named Chief Executive Officer of UnitedHealthcare, the health benefits business of UnitedHealth Group. Chief Executive Officer Topics covered: interoperability, artificial intelligence, digital health, EHRs, cybersecurity, vendor activity and telehealth. Thompson joined the company . United Health Group Center 9900 Bren Road East Minnetonka Minnesota 55343 United States. Stay up-to-the-minute on the latest headlines from UnitedHealth Group. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Executive Compensation Data Year: Trend Analysis As at UNITEDHEALTH GROUP INC, made $0 in total compensation. 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. UnitedHealth Group is committed to helping people live healthier lives and making the health care system work better for everyone. Brian Thompson has been named Chief Executive Officer of UnitedHealthcare, the health benefits business of UnitedHealth Group. Will a Chatbot Be Just What the Doctor Ordered for Reimbursement Appeals? The company also owns and operates the United Kingdom company ScriptSwitch Limited. Thompson joined UnitedHealth Group in 2004 and most recently was CEO of . Our team members are driven to advance our mission to help people live healthier lives and help make the health system work better for everyone both now and in the future. It's a major personnel announcement from newly minted UnitedHealth CEO Andrew Witty, who. Not the Brian Thompson you were looking for? URSTADT BIDDLE PROPERTIES CEO Willing Biddle's 2022 pay jumps 42% to $2.5M. Brian Thompson has been named as the Chief Executive Officer of UnitedHealthcare, the health benefit unit of UnitedHealth Group (UNH), as per reports. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. Brian Thompson-- Chief Executive Officer, UnitedHealthcare Lance Wilkes -- AllianceBernstein -- Analyst Dan Keuter -- Chief Executive Officer, UnitedHealthcare Employer and Individual For example, has UHC assessed whether its enrollees have enough providers available during non-traditional hours, such as evenings and weekends? UnitedHealthcare, which employs nearly 140,000 people across the United States and globally, is part of. Brian Thompson is now chief executive at the company's insurance division. UHC acknowledges that this policy change is financially-motivated and suggests that the savings associated with it will accrue to consumers.3 We question whether this is true. Bloomberg Daybreak Asia. The latest Updates and Resources on Novel Coronavirus (COVID-19). Chief Executive Officer . Preview / Show more . Brian Thompson has been named Chief Executive Officer of UnitedHealthcare, the health benefits business of UnitedHealth Group . Change value during other periods is calculated as the difference between the last trade and the most recent settle. | noon ET, UnitedHealth CEO Dave Wichmann steps down, replaced by Optum head Andrew Witty, CMS proposed payment rule includes major updates for ACOs, Almost half of nation's OB-GYN residents train in states poised to ban abortion, UPMC, top surgeon pay $8.5M to settle whistleblower lawsuit over simultaneous surgeries, Why regulators didnt challenge Amazon-One Medical deal, despite data concerns, Illinois nurses file class action lawsuit against Ascension over wage issues, Mayo Clinics income cut in half as labor costs climbed in 2022, The role of social determinants of health in patient outcomes, How CFOs Can Build and Implement an Agile Growth Strategy, With The Digital Health Revolution, Hospital Shipping Needs Soar, Lab leak report energizes Republicans covid probes, Medical claims are increasing in complexity, report finds, How Doctors Use AI to Help Diagnose Patients, The Powerful Link Between Connectivity and MedTech Innovation, Revamp Your Front-End Revenue Cycle Processes for Success, Fighting Security Headwinds to Maintain a Competitive Edge in Healthcare, Bright Health chases cash after overdrawing credit facility, Gross margins in MA market returned to pre-pandemic levels by end of 2021, report finds, CMS says surprise billing arbitration can resume for some disputes others remain on pause, Humana exits employer insurance, pivots focus to government plans. Its the first major personnel move by UnitedHealth chief executive Andrew Witty since he took over as the companys top executive in February. Sold (or bought if negative) in USD BURKE RICH. Thompson joined UnitedHealth Group in 2004 and most recently was CEO of UnitedHealthcare's government programs including the Medicare & Retirement and Community & State businesses, serving. Brian Thompson - Chief Executive O.. - United Healthcare Health (2 days ago) WebHQ Phone (952) 936-1300 Company United Healthcare Brian Thompson Current Workplace Brian Thompson has been working as a Chief Executive Officer at Zoominfo.com Category: Company Detail Health United Healthcare Corporate Office Headquarters Health What Could Elon Musk Possibly Be Thinking? Bassett Furniture CEO Robert Spilman's 2022 pay falls 42% to $956K. The health insurance unit oversees a large commercial health coverage operation as well as a government business that administers Medicaid coverage for states and sells privatized Medicare Advantage plans to seniors. Dan Keuter-- Chief Executive Officer, UnitedHealthcare Employer and Individual. 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. Based on our data team's research, Andrew Philip Witty is the UnitedHealth Group's CEO. Send this article to anyone, no subscription is necessary to view it, Anyone can read, no subscription required, See Brian Thompson Email . 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 Individuals and families who purchase health insurance deserve reliable, worry-free coverage that meets their health care needs and complies with all applicable patient protection laws. UHC may believe inappropriate use of the emergency room is a widespread problem; however, there is limited evidence to support this view. Box 1459 UnitedHealthcare contributed $200 billion of the companys $257 billion in revenue last year, according to UnitedHealths most recent earnings report. We see outsiders like. P.O. Threatening patients with a financial penalty for making the wrong decision could have a chilling effect on seeking emergency care. Western Magnesium Corp. CEO Edward Lee's 2021 pay jumps 651% to $3.7M. Type a symbol or company name. Use our Chrome Extension & instantly connect with prospects . All rights reserved. Mr. Brian Thompson is a Chief Executive Officer at UnitedHealthcare, Inc., at United Healthcare Insurance Co., at UnitedHealth Group, Inc. and at United HealthCare Services, Inc. This press release features multimedia. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. Brian Thompson - Chief Executive Officer, Health (1 days ago) WebChief Executive Officer, UnitedHealthcare Apr 2021 - Present1 year 10 months Minnetonka, Minnesota, United States Brian Thompson was Box 1459 Minneapolis, MN 55440-1459 Dear Mr. Thompson: America's hospitals and health systems are deeply concerned by UnitedHealthcare's (UHC) recent policy announcement to allow for the retroactive denial of coverage for emergency-level care in facilities. For more information, visit UnitedHealth Group at www.unitedhealthgroup.com or follow @UnitedHealthGrp on Twitter. This policy would put patients health and wellbeing in jeopardy, and we urge you to reverse the policy immediately. Sources: FactSet, Dow Jones, Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. Learn about their Insurance market share, competitors, and United Healthcare's email format. Source: FactSet. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Thompson joined UnitedHealth Group in 2004 and most recently was CEO of UnitedHealthcare's government programs including the Medicare & Retirement and Community & State businesses, serving the health and well-being needs of seniors and Medicaid beneficiaries. Using Node, React, MySQL, AWS, worked on feature updates, bug fixes, and refactoring for Back End and Front end application . By continuing your navigation, you consent to their use. Brian Thompson was named chief executive officer for UnitedHealthcare in April 2021. Our Organization About UnitedHealthcare Medicare & Retirement Our Products SEC Form 4 FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIPFiled pursuant to Section 16(a) of the Securities Exchange Act . Thompson will replace Dirk McMohan, who led since June 2019. Morgan Haefner - Wednesday, April 7th, 2021 Print | Email. This includes symptoms that could be signs of medical emergencies depending on the cause and severity, such as stomach pain, nausea, vomiting, diarrhea and abnormal vaginal bleeding. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. Listen. To Continue. UnitedHealthcare has denied all the allegations. Brian Thompson Chief Executive Officer UnitedHealthcare P.O. AHA does not claim ownership of any content, including content incorporated by permission into AHA produced materials, created by any third party and cannot grant permission to use, distribute or otherwise reproduce such third party content. Brian Thompson has been working as a Chief Executive Officer at United Healthcare for 10 years. Topics covered: M&A, health IT, care delivery, healthcare policy & regulation, health insurance, operations and more. Brian Thompson Named Chief Executive Officer of UnitedHealthcare Unit. For several years, Thompson ran the Medicare business at UnitedHealthcare including Medicare Advantage plans where. eric.hausman@uhg.com. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. Opinions expressed by Forbes Contributors are their own. Thompson joined the company in 2004 and. We urge you to rescind this and other policies that restrict patients access to care and put patients health outcomes at risk. UnitedHealthcare . If you need more lookups, subscriptions start at $39 USD/month. Source: Kantar Media, Vanguard US Total Market Shares Index ETF, Vanguard Institutional Total Stock Market Index Trust, Capital Research & Management Co. (World Investors), T. Rowe Price Associates, Inc. (Investment Management), Capital Research & Management Co. (Global Investors), Capital Research & Management Co. (International Investors). Dear Mr. Thompson: That's just actual . Track your investments 24 hours a day, around the clock from around the world. UnitedHealth Group (NYSE: UNH) is a diversified health care company dedicated to helping people live healthier lives and helping make the health system work better for everyone. February 7, 2023. E. MN008-T-615 Minnetonka MN 55343. Prior to this role, Brian served Occupation: Chief Executive Officer Location: 9900 Bren Rd, Minnetonka, 55343, Minnesota Works For: United Healthcare Phone: (952) 936-1300 Detail: Visit URL Create your Watchlist to save your favorite quotes on Nasdaq.com. CEO(officer: CEO, UnitedHealthcare) 388654 , . . See Also: United healthcare president and ceo Show details Apr 15, 2021, 8:45 a.m. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. Faqs. 2023 by the American Hospital Association. Will Employees Become Fitter and Share Wearable Device Data for $1,000 a Year? Copyright FactSet Research Systems Inc. All rights reserved. On average, Unitedhealth Inc executives and independent directors trade stock every 15 days with the average trade being worth of $40,306,883. , Star Tribune 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. Company Overview. Sales . Deferred and delayed care during the pandemic has already contributed to adverse health conditions and increased acuity.1 This is exactly why federal law requires insurers to adhere to the prudent layperson standard, which prohibits insurers from putting up coverage roadblocks to emergency services, such as by determining retroactively whether a service will be covered based on the patients final diagnosis. Christopher Snowbeck covers health insurers, including Minnetonka-based UnitedHealth Group, and the business of running hospitals and clinics. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. The growth expanded UnitedHealthcare's nation-leading share of the lucrative Medicare insurance market. Email Formats. Markets never sleep, and neither does Bloomberg. We do this by working with stakeholders and partners . a href= '' https: //www.nasdaq.com/press-release/brian-thompson-named-chief-executive-officer-of-unitedhealthcare-unit-2021-04-07 '' > United healthcare services inc . Advanced search Log in Forgot password ? 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, Witty said. | December 17, 2022 The CEO pay ratio is based on a CEO's total compensation Startribune.com . This is the first major appointment and promotion since UnitedHealth CEO Andrew Witty came at the helm of the affairs. Brian served as Chief Financial Officer, Medicare & Retirement and Chief Executive Officer; Unitedhealthcare, Medicare & Retirement for UnitedHealth Group. Why? Also,federal antitrust regulators are taking a deeper look into UnitedHealth's proposed $13 billion acquisition of data analytics company Change Healthcare, following concerns from a major hospital lobby the marriage could give UnitedHealthcare an unfair leg up in negotiations with providers. UNH earnings call for the period ending March 31, 2021. Despite implementing policies to restrict enrollee coverage over the past several years, UHC premiums continue to rise in most markets, as do UHCs profits. Get 5 free searches. Brian Thompson CEO, UnitedHealthcare Tweet Share Share Email More. Physicians warn that the Supreme Court ruling will have a dire impact on training, ultimately affecting patient care. Fundamental company data and analyst estimates provided by FactSet. The most active insiders traders include Stephen J Hemsley, Edson De Godoy Bueno, and Richard T Burke. UnitedHealthcare . --- Brian Thompson, CEO, UnitedHealthcare, Q4-2022 Earnings Call Another cause for concern is the growing competition in the health care segments UNH currently dominates. 2023 UnitedHealth Group. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. The OptumRx segment offers pharmacy care services. United Healthcare Corporate Office & Headquarters. Over the last 19 years, insiders at Unitedhealth Inc have traded over $710,523,009 worth of Unitedhealth Inc stock and bought 8,476,440 units worth $479,120,597 Get the latest news, data and filings for Brian R Thompson, with free alerts. Thompson, who joined UnitedHealth in 2004, was most recently CEO of UnitedHealthcare's government business, including its Medicare, retirement and community and state divisions. (THOMPSON BRIAN R) . Brian Thompson CEO, UnitedHealthcare: 253: Derivative/Non-derivative trans. Brian Thompson was named chief executive officer for UnitedHealthcare in April 2021. (RTTNews) - UnitedHealth Group (UNH) has appointed Brian Thompson as Chief Executive Officer of UnitedHealthcare, the health benefits business. Thompson, who's been with the. Brian Thompson Thompson joined UnitedHealth Group in. April 07, 2021 In addition to the health insurance unit, UnitedHealth Group operates a large health-services business called Optum that manages pharmaceutical benefits within health plans and provides consulting services in health care data and IT. UnitedHealthcare, the health insurance unit of UnitedHealth Group, named Brian Thompson CEO. Thompson served as CEO . Prior to this role, he served as chief executive officer Medicare & Retirement, UnitedHealthcare's government programs. It operates through the following segments: UnitedHealthcare, OptumHealth, OptumInsight, and OptumRx. Prior to this role, he served as chief executive officer Medicare & Retirement, Before leading government programs, Thompson served as chief executive officer of the Medicare & Retirement organization. Do its networks offer sufficient access to alternate sites of care, and will UHC cover the care provided at those sites without excessive administrative barriers? Team Members. Let Healthcare Dive's free newsletter keep you informed, straight from your inbox. UnitedHealth Group said that Brian Thompson has been named chief executive officer of UnitedHealthcare, the Minnetonka company's insurance unit. 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 is being sued in two states by a large group of anesthesiologists alleging it suppresses competition by forcing physicians out of its network through pressure campaigns, bribes and more. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. Type a symbol or company name. Phone Email Joseph Gaudio Senior VP & Chief Executive Officer (West Region) Phone Email Karl Lirette United Healthcare's CEO is Brian Thompson . View the full release here:. This is dangerous for patients health at any time, but is particularly unsafe in the midst of a public health emergency. No credit card required. . UnitedHealth Group (NYSE: UNH) is a diversified health care company dedicated to helping people live healthier lives and helping make the health system work better for everyone. Includes transcripts, social sentiment, and more. Rizal Technological University. Brian Thompson Chief Executive Officer Phone Email See Profile Key Employees of United Healthcare Denise Leonardi Senior Medical Director, Hawaii Community Plan Phone Email Bill Golden Chief Executive Officer (UnitedHealthcare Employer. at $ 497.10 per share: 125,766: 06/07/22: Erin L. McSweeney EVP Chief People Officer: 125: Brian Thompson . This documentary-style series follows investigative journalists as they uncover the truth. 7, 2021, 07:17 AM. On average, Unitedhealth Inc executives and independent directors trade stock every 15 days with the average trade being worth of $43,230,260. Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. UnitedHealth Group has named Brian Thompson as chief executive officer of UnitedHealthcare, the company's health benefits business. Our team members are driven to advance our mission to help people live healthier lives and help make the health system work better for everyone both now and in the future. Here are further demographic highlights of the leadership team: The UnitedHealth Group executive team is 34% female and 66% male. For more information, visit UnitedHealth Group at www.unitedhealthgroup.com or follow @UnitedHealthGrp on Twitter. Overnight on Wall Street is daytime in Asia. Data may be intentionally delayed pursuant to supplier requirements. They are part of the Executive team within the C-Suite Department and their management level is C-Level. Thompson joined UnitedHealth Group in 2004 and most recently was CEO of UnitedHealthcare's government programs including the Medicare & Retirement and Community & State businesses, serving the health and well-being needs of seniors and Medicaid beneficiaries. UnitedHealth Group Reports Fourth Quarter and Full Year 2022 Financial Results. VP, Media Relations Thompson replaces Dirk McMahon, who has been CEO of UnitedHealthcare since June 2019, and was named president and chief operating officer of UnitedHealth Group in February. Is called OptumRx the difference between the last trade and the business of UnitedHealth Group Reports Fourth Quarter and Year. Insurance company in number of covered lives Chief Executive Officer of UnitedHealthcare OptumHealth! Share, competitors, and OptumRx who & # x27 ; s 2021 pay jumps 651 to... 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