UnitedHealth

Organization

A major American healthcare and insurance company whose CEO was murdered, bringing the company's claims denial practices into public focus.


entitydetail.created_at

8/19/2025, 9:57:10 PM

entitydetail.last_updated

8/19/2025, 9:58:46 PM

entitydetail.research_retrieved

8/19/2025, 9:58:46 PM

Summary

UnitedHealth Group Incorporated is a multinational health insurance and health care services company based in Eden Prairie, Minnesota, operating under the UnitedHealthcare brand for insurance and Optum for services. It is recognized as the world's largest healthcare company by revenue and the seventh-largest company globally by revenue, with a market capitalization of $460.3 billion as of December 20, 2024, and ranked 8th on the 2024 Fortune Global 500. Despite its significant market presence, UnitedHealth Group has been subject to numerous investigations, lawsuits, and fines related to issues such as stock option backdating, Medicare overbilling, unfair claims practices, denial of mental health treatment, and anticompetitive behavior, indicating systemic problems with fraud, patient harm, and corporate misconduct. The company also experienced a significant event with the murder of its CEO, Brian Thompson, which sparked a national debate on corporate accountability and the ethics of the for-profit healthcare system.

Referenced in 1 Document
Research Data
Extracted Attributes
  • Name

    UnitedHealth Group Incorporated

  • Type

    Multinational health insurance and health care services company

  • Founder

    Richard Taylor Burke

  • Headquarters

    Eden Prairie, Minnesota, United States

  • Services Brand

    Optum

  • Insurance Brand

    UnitedHealthcare

  • Market Capitalization

    $460.3 billion as of 2024-12-20

  • Ranking (Global Revenue)

    Seventh-largest company globally by revenue

  • Ranking (Healthcare Revenue)

    World's largest healthcare company by revenue

  • Fortune Global 500 Ranking (2024)

    8th

  • Number of Hospitals and Care Facilities

    Over 7,000

  • Number of Physicians and Care Professionals

    More than 1.7 million

Timeline
  • Charter Med Incorporated was founded by Richard Taylor Burke. (Source: web search)

    1974-MM-DD

  • UnitedHealthcare Corporation was founded to purchase Charter Med and create a network-based health plan for seniors. (Source: web search)

    1977-MM-DD

  • Became a publicly traded company. (Source: web search)

    1984-MM-DD

  • Changed its name to UnitedHealth Group. (Source: web search)

    1998-MM-DD

  • The Wall Street Journal reported that UnitedHealth was the worst offender among private insurers making dubious diagnoses to trigger large payments from the government's Medicare Advantage program. (Source: web search)

    2024-07-MM

  • Achieved a market capitalization of $460.3 billion. (Source: summary, Wikipedia)

    2024-12-20

  • Ranked 8th on the Fortune Global 500 list. (Source: summary, Wikipedia)

    2024-MM-DD

  • CEO Brian Thompson was murdered, sparking a national debate on corporate accountability and the ethics of the for-profit healthcare system. (Source: summary, related documents)

    XXXX-MM-DD

  • Optum Rx announced plans to modernize pharmacy payment models. (Source: web search)

    2025-03-20

  • Scheduled to release its first quarter 2025 financial results. (Source: web search)

    2025-04-17

UnitedHealth Group

UnitedHealth Group Incorporated is an American multinational for-profit company specializing in health insurance and health care services based in Eden Prairie, Minnesota. Selling insurance products under UnitedHealthcare, and health care services under the Optum brand, it is the world's seventh-largest company by revenue and the largest health care company by revenue. The company is ranked 8th on the 2024 Fortune Global 500. UnitedHealth Group had a market capitalization of $460.3 billion as of December 20, 2024. UnitedHealth Group has faced numerous investigations, lawsuits, and fines—including SEC enforcement for stock option backdating, Medicare overbilling, unfair claims practices, mental health treatment denials, and anticompetitive behavior—highlighting systemic issues of fraud, patient harm, and corporate misconduct.

Web Search Results
  • Unitedhealth Group Inc Company Profile - GlobalData

    UnitedHealth Group Inc (UnitedHealth Group) is a health care and well-being company. The company focuses on improving health care systems through technology, data, and comprehensive health services. Its major services include health benefits, pharmacy care services, and health care management solutions. UnitedHealth Group serves a diverse range of customers, including patients, care providers, employers, and government entities, across various health care applications. The company collaborates [...] with a network of physicians, health care professionals, and facilities to deliver its services. It operates globally, targeting markets that require enhanced health care access and affordability. UnitedHealth Group is headquartered in Hopkins, Minnesota, the US. [...] | Name | Position | Board | Since | Age | | --- | --- | --- | --- | --- | | Stephen J. Hemsley | Chairman; Chief Executive Officer | Executive Board | 2025 | - | | Thomas Roos | Chief Accounting Officer; Senior Vice President | Senior Management | 2015 | 52 | | Terry M. Clark | Chief Marketing and Customer Officer-Optum; Chief Marketing Officer | Senior Management | 2014 | - | | Erin McSweeney | Chief People Officer; Executive Vice President | Senior Management | 2022 | 60 |

  • UnitedHealth Group - Wikipedia

    UnitedHealth Group Incorporated is an American multinationalfor-profit company specializing in health insurance and health care services based in Eden Prairie, Minnesota. Selling insurance products under UnitedHealthcare, and health care services under the Optum brand, it is the world's seventh-largest company by revenue and the largest health care company by revenue. The company is ranked 8th on the 2024 _Fortune_ Global 500.( UnitedHealth Group had a market capitalization of $460.3 billion as [...] History ------- [edit] ### 1970s–1990s [edit] UnitedHealth Group originated in late 1974, when Minnesota-based Charter Med Incorporated was founded by Richard Taylor Burke. It originally processed claims for doctors at the Hennepin County Medical Society.( UnitedHealthcare Corporation was founded in 1977 to purchase Charter Med and create a network-based health plan for seniors.( It became a publicly traded company in 1984 and changed its name to UnitedHealth Group in 1998.( [...] In July 2024, the _Wall Street Journal_ concluded that UnitedHealth was the worst offender among private insurers who made dubious diagnoses in their clients in order to trigger large payments from the government's Medicare Advantage program. The patients often did not receive any treatment for those insurer-added diagnoses. The report, based on Medicare data obtained from the federal government under a research agreement, calculated that diagnoses added by UnitedHealth for diseases patients

  • About UHC & our mission | About us | UnitedHealthcare

    ## Learn about UnitedHealth Group UnitedHealthcare is the health benefits business of UnitedHealth Group, a health care and well-being company working to help build a modern, high-performing health system through improved access, affordability, outcomes and experiences. UnitedHealth Group also includes Optum , a business that delivers care aided by technology and data, empowering people, partners and providers with the guidance and tools they need to achieve better health. ## Footnotes [...] # About us At UnitedHealthcare, our mission is to help people live healthier lives and make the health system work better for everyone. We dedicate ourselves to this every day for our members by being there for what matters in moments big and small — from their earliest days, to their working years and through retirement. ### Plans of all types for people of all types [...] We work with more than 1.7 million physicians and care professionals and over 7,000 hospitals and care facilities nationwide.1Together, we work to provide more people with access to quality care when and where they need it. ### Taking health care everywhere

  • UnitedHealth Group: English

    At UnitedHealth Group, we are out to make the world a better place. Our team members are united by a deep sense of responsibility to help build a modern, high-performing health system. From your first day here throughout your entire career at UnitedHealth Group, you are part of a community that is caring, connecting and growing together. We promise to provide you with resources and programs to support you in all aspects of your life. Learn More About Careers at UHG

  • Latest Updates

    United Health Foundation donations to help provide humanitarian relief to civilians in Israel and Gaza In response to the growing humanitarian crisis, the United Health Foundation, the philanthropic foundation of UnitedHealth Group, is donating $1 million to Save the Children and Direct Relief to help with urgent needs such as food, water and medical supplies in Israel and Gaza. Read more [...] UNITEDHEALTH GROUP ANNOUNCES EARNINGS RELEASE DATE UnitedHealth Group will release its first quarter 2025 financial results on Thursday, April 17, 2025, before the market opens, and will host a teleconference at 8:45 a.m. ET to discuss the results with analysts and investors. Read more uhg:content-type/press-release,uhg:business/optum,uhg:secondary-topic/pharmacy-care-services,uhg:secondary-topic/affordability March 20, 2025 Optum Rx to Modernize Pharmacy Payment Models [...] uhg:business/unitedhealthgroup,uhg:content-type/press-release,uhg:primary-topic/investor-materials June 14, 2024 UNITEDHEALTH GROUP ANNOUNCES EARNINGS RELEASE DATE UnitedHealth Group will release its second quarter 2024 financial results on Tuesday, July 16, 2024, before the market opens, and will host a teleconference at 8:45 a.m. ET to discuss the results with analysts and investors. Read more

Location Data

UnitedHealth Pond, Minnetonka, Hennepin County, Minnesota, United States

water

Coordinates: 44.8962376, -93.4035115

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