Here are five key points from the company’s second-quarter earnings statement.
1. UnitedHealth’s revenue increased 11 percent to $36.3 billion.
2. Revenue attributable to the company’s Optum segment — which includes OptumHealth, OptumInsight and OptumRx — grew 16 percent year-over-year to $13.6 billion.
3. Revenue attributable to UnitedHealthcare increased to $33.1 billion in the second quarter, up 10 percent from the same period of last year.
4. UnitedHealth’s medical care ratio — the amount the insurer spent on actual healthcare costs — fell to 81.4 percent in the second quarter of 2015.
5. The company’s net income grew to nearly $1.6 billion, up from about $1.4 billion in the same period of 2014.
More articles on payer issues:
Aetna inks $37B deal to acquire Humana: 5 things to know
Theranos strikes its first insurance deal
Health insurer Centene to buy rival Health Net for $6.3B
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
