68% of the management team is White. Morgan Haefner - Wednesday, April 7th, 2021 Print | Email. Let Healthcare Dive's free newsletter keep you informed, straight from your inbox. Mr. Brian Thompson . For example, has UHC assessed whether its enrollees have enough providers available during non-traditional hours, such as evenings and weekends? 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. Why Patients Leave 4 Nonnegotiable Consumer Expectations, 3 Looming Questions from the J.P. 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No credit card required. eric.hausman@uhg.com. Dan Schumacher, who is currently president and chief operating officer at Optum, is taking a new position as UnitedHealth Group's chief strategy and growth officer, reporting directly to Witty. UnitedHealthcare has a new chief executive officer. UnitedHealth Group Wednesday elevated an insider to lead its $200 billion UnitedHealthcare health insurance business, which is the nations largest. Will a Chatbot Be Just What the Doctor Ordered for Reimbursement Appeals? For more information, visit UnitedHealth Group at www.unitedhealthgroup.com or follow @UnitedHealthGrp on Twitter. 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). February 7, 2023. Sold (or bought if negative) in USD BURKE RICH. The most active insiders traders include Stephen J Hemsley, Edson De Godoy Bueno, and Richard T Burke. 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. All rights reserved. It's a major personnel announcement from newly minted UnitedHealth CEO Andrew Witty, who. Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright Refinitiv. Brian Thompson works as a Chief Executive Officer at United Healthcare, which is an Insurance company with an estimated 125 K employees; and founded in 1974. February 7, 2023. On average, Unitedhealth Inc executives and independent directors trade stock every 15 days with the average trade being worth of $43,230,260. UnitedHealthcare, the health insurance unit of UnitedHealth Group, named Brian Thompson CEO. In addition, Thompson has served as the financial controller for UnitedHealthcare's Employer & Individual business and a director in Corporate Development. Printer Friendly View Address: 9900 Bren Rd E Ste 300W Minnetonka . 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. 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. Dear Mr. Thompson: 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. 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Competitors. Get the free daily newsletter read by industry experts. UnitedHealthcare . took over as the companys top executive in February. Thompson joined UnitedHealth Group in 2004 and has held numerous leadership positions including chief financial officer for UnitedHealthcares Employer & Individual, Community & State and Medicare & Retirement businesses. Thompson joined UnitedHealth Group in 2004 and recently served as CEO of UnitedHealthcare's government programs including the Medicare & Retirement and Community & State businesses. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. International stock quotes are delayed as per exchange requirements. View the full release here:. Heather Cianfrocco - Chief Executive Officer, UnitedHealthcare Community & State Brian Thompson - Chief Executive Officer, UnitedHealthcare Medicare & Retirement Andrew Hayek - Chief Executive Officer, OptumHealth Eric Murphy - Chief Executive Officer, OptumInsight John Prince - Chief Executive Officer, OptumRx. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. UnitedHealth said that Brian Thompson, who has been with the company since 2004, has been named Chief Executive Officer of UnitedHealthcare, the health benefits business of the company.. The most recent stock trade was executed by Erin Mc Sweeney on 7 December 2022, trading 450 units of UNH stock currently worth $244,035. UnitedHealth Group, Inc. engages in the provision of health care coverage, software, and data consultancy services. Brian Thompson CEO, UnitedHealthcare: 253: Derivative/Non-derivative trans. 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. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. April 07, 2021 Thompson will replace Dirk McMohan, who led since June 2019. Chief Executive Officer. Advanced search Log in Forgot password ? 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? Apr. Source: FactSet. UnitedHealth, which also includes Optum and its array of medical care providers and health services, operates the nations largest health insurance company in UnitedHealthcare. Still, Thompson takes the helm at a contentious time in the payer's provider relationships. Fundamental company data and analyst estimates provided by FactSet. Oct 2019 - Present3 years 6 months. Thompson will also have to help the insurer navigate some relationships that UnitedHealthcare has with medical care providers that have become problematic lately. Head to your nearest emergency room or call 9-1-1 or your local emergency number right away.2 That same webpage then over-generalizes symptoms that UHC suggests are appropriate for urgent care. November 5, 2021 . Education. It's a major personnel . 2023 UnitedHealth Group. Western Magnesium Corp. CEO Edward Lee's 2021 pay jumps 651% to $3.7M. 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. Email Formats. Explore our stories to see our mission at work, find recent news releases, and read research offering solutions for addressing health care challenges and opportunities. Send this article to anyone, no subscription is necessary to view it, Anyone can read, no subscription required, See 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. Image source: The Motley Fool. With 70 million members, Minnesota-based UnitedHealthcare is the largest U.S. health insurance company in number of covered lives. (Photo: Business Wire). Before leading government programs, Thompson served as chief executive officer of the Medicare & Retirement organization. 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. 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