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. Brian Thompson has been named as the Chief Executive Officer of UnitedHealthcare, the health benefit unit of UnitedHealth Group (UNH), as per reports. Brian Thompson Named Chief Executive Officer of UnitedHealthcare Unit. Minnetonka, MN 55343 . UnitedHealthcare, which employs nearly 140,000 people across the United States and globally, is part of. UnitedHealthcare has a new chief executive officer. Physicians warn that the Supreme Court ruling will have a dire impact on training, ultimately affecting patient care. UnitedHealth Group said that Brian Thompson has been named chief executive officer of UnitedHealthcare, the Minnetonka company's insurance unit. This is the first major appointment and promotion since UnitedHealth CEO Andrew Witty came at the helm of the affairs. 612-990-7078 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. Brian Thompson . Minneapolis, MN 55440-1459. The payer has a large commercial unit along with its government Medicaid and Medicare business, covering more than 43 million members in the U.S. 2023 UnitedHealth Group. 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. Get a D&B Hoovers Free Trial. Based on our data team's research, Andrew Philip Witty is the UnitedHealth Group's CEO. Image source: The Motley Fool. We urge you to rescind this and other policies that restrict patients access to care and put patients health outcomes at risk. 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. Brian Thompson was named chief executive officer for UnitedHealthcare in April 2021. Changes tothe Medicare Shared Savings Program would give some accountable care organizations more time to ramp up to performance-based risk and updated quality reporting. The company was founded by Richard T. Burke in January 1977 and is headquartered in Minnetonka, MN. "Brian's experience, relationships, and values make him [] P.O. Heather Cianfrocco will become chief executive of the PBM, which is called OptumRx. https://www.businesswire.com/news/home/20210407005251/en/, Do Not Sell My Personal Information (CA Residents Only). Email Formats. UNITEDHEALTH GROUP INC Compensation by Company Data Year: 2011 For its 2011 fiscal year, UNITEDHEALTH GROUP INC, listed the following executives on its annual proxy statement to the SEC Equity Cash Compensation Other Fiscal Year Ended in 2011 Enter an executive or company name 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. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. We are a health care and well-being company made up of a diverse team around the world dedicated to making health care work better through two distinct and complementary businesses: Optum and UnitedHealthcare. Includes transcripts, social sentiment, and more. The company also owns and operates the United Kingdom company ScriptSwitch Limited. 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 Brian Thompson Email . Has it helped its enrollees connect with a primary care provider? If UHC is successful in denying coverage for these services in hospital outpatient departments, it could exacerbate UHCs concerns regarding emergency department use. / United Healthcare Services Inc. United Healthcare Services Inc. Website. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. 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 & State divisions. UnitedHealthcare is a major business of UnitedHealth, contributing $200 billion of the Minnetonka, Minnesota-based healthcare behemoth's $257 billion in revenue last year. Join ET. 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. Source: FactSet, Markets Diary: Data on U.S. Overview page represent trading in all U.S. markets and updates until 8 p.m. See Closing Diaries table for 4 p.m. closing data. Change value during other periods is calculated as the difference between the last trade and the most recent settle. UnitedHealthcare . 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. UnitedHealth Group, Inc. engages in the provision of health care coverage, software, and data consultancy services. United Healthcare's CEO is Brian Thompson . 7, 2021, 07:17 AM. Apr 15, 2021, 8:45 a.m. Copyright FactSet Research Systems Inc. All rights reserved. Regardless, the policy brings potentially severe consequences and raises significant questions about the criteria UHC will use to determine emergency services coverage. Thompson joined UnitedHealth Group in. Brian Thompson is the CEO of UnitedHealth Group. 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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. No credit card required. 1 min Read, UnitedHealth Group Board Authorizes Payment of Quarterly Dividend, UnitedHealth Group Reports Fourth Quarter and Full Year 2022 Financial Results, UnitedHealth Group Announces Earnings Release Date. . Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. Brian Thompson has been named Chief Executive Officer of UnitedHealthcare, the health benefits business of UnitedHealth Group (NYSE: UNH). The Emergency Nurses Association signed on to the following letter to United Healthcare Chief Executive Officer Brian Thompson following the announcement of a new policy to allow for the retroactive denial of coverage for emergency care. John Prince, who runs the pharmaceutical benefits management (PBM) business, will succeed Schumacher as the Optum president. 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. Technologies. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Will Employees Become Fitter and Share Wearable Device Data for $1,000 a Year? UnitedHealth Group has named Brian Thompson as chief executive officer of UnitedHealthcare, the company's health benefits business. Enclose phrases in quotes. Brian Thompson Chief Executive Officer UnitedHealthcare About Brian Thompson Brian Thompson was named chief executive officer for UnitedHealthcare in April 2021. 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. Thompson joined UnitedHealth Group in 2004 and most recently was CEO of . Education. Toro CEO Richard Olson's 2022 pay slips 15% to $7.3M. 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. 2023 UnitedHealth Group. Brian Thompson - Chief Executive Officer; Unitedhealthcare, Medicare & Retirement - Unitedhealth Group - email id & phone of top management contacts like Founder, CEO, CFO, CMO, CTO, Marketing or HR or Finance head. For several years, Thompson ran the Medicare business at UnitedHealthcare including Medicare Advantage plans where. UnitedHealthcare's key executives include Tim Noel and 17 others. CEO(officer: CEO, UnitedHealthcare) 388654 , . All rights reserved. Overnight on Wall Street is daytime in Asia. Bloomberg Daybreak Asia. 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. The growth expanded UnitedHealthcare's nation-leading share of the lucrative Medicare insurance market. Noncommercial use of original content on www.aha.org is granted to AHA Institutional Members, their employees and State, Regional and Metro Hospital Associations unless otherwise indicated. Apr. 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. (Podcast), Chief Executive Officer, UnitedHealthcare Inc. View the full release here:. URSTADT BIDDLE PROPERTIES CEO Willing Biddle's 2022 pay jumps 42% to $2.5M. Chief Executive Officer, UnitedHealthcare @ UnitedHealth Group; Chief Executive Officer; UnitedHealthcare, Government Programs @ UnitedHealth Group; Chief Executive Officer; . No credit card required. UnitedHealth Group has 300,000 employees, of which 65 are in a leadership position. The OptumRx segment offers pharmacy care services. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. Thompson joined the company . Brian Thompson is now chief executive at the company's insurance division. Threatening patients with a financial penalty for making the wrong decision could have a chilling effect on seeking emergency care. Our Organization About UnitedHealthcare Medicare & Retirement Our Products 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. Bassett Furniture CEO Robert Spilman's 2022 pay falls 42% to $956K. 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. This press release features multimedia. All rights reserved. Sold (or bought if negative) in USD BURKE RICH. Use our Chrome Extension & instantly connect with prospects . Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Download the full 2021 Sustainability Report to learn what sustainability means to us. | December 17, 2022 Here are further demographic highlights of the leadership team: The UnitedHealth Group executive team is 34% female and 66% male. Stay up-to-the-minute on the latest headlines from UnitedHealth Group. "Brian's 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 in a prepared statement. Markets never sleep, and neither does Bloomberg. (RTTNews) - UnitedHealth Group (UNH) has appointed Brian Thompson as Chief Executive Officer of UnitedHealthcare, the health benefits business. 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 . Take action if a situation seems life-threatening. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Last updated: 27 February 2023 at 7:24pm EST. Bachelor's degree ( Business Administration and Management, General) 2008 - 2011; Skills. P.O. Competitors. automatize. The CEO pay ratio is based on a CEO's total compensation Startribune.com . Box 1459 UnitedHealth Group ( UNH -1.82%) Q1 2021 Earnings Call. took over as the companys top executive in February. . 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. For more information, visit UnitedHealth Group at www.unitedhealthgroup.com or follow @UnitedHealthGrp on Twitter. This press release features multimedia. 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 's Email Chief Executive Officer, Unitedhealthcare, Medicare and Retirement at UnitedHealthcare Contact Details Phone +1******59 Get Phone Number Email br*******@uhc.com Get Email Address Department Finance & Administration Location Minnetonka, Minnesota, United States UnitedHealthcare Company Information Phone +1******59 Of this total $0 was received as a salary, $0 was received as a bonus, $0 was received in stock options, $0 was awarded as stock and $0 came from other types of compensation. a href= '' https: //www.nasdaq.com/press-release/brian-thompson-named-chief-executive-officer-of-unitedhealthcare-unit-2021-04-07 '' > United healthcare services inc . Americas hospitals and health systems are deeply concerned by UnitedHealthcares (UHC) recent policy announcement to allow for the retroactive denial of coverage for emergency-level care in facilities. UHCs own guidance to its enrollees regarding when to access emergency services is vague and could confuse patients, especially in light of this new policy. 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. The most active insiders traders include Stephen J Hemsley, Edson De Godoy Bueno, and Richard T Burke. We are a health care and well-being company made up of a diverse team around the world dedicated to making health care work better through two distinct and complementary businesses: Optum and UnitedHealthcare. Track your investments 24 hours a day, around the clock from around the world. 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. VP, Media Relations We see outsiders like. Why Patients Leave 4 Nonnegotiable Consumer Expectations, 3 Looming Questions from the J.P. 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( PBM ) business, will succeed Schumacher as the Optum president company! Unitedhealthcare Inc. View the full 2021 Sustainability Report to learn what Sustainability means to us Bloomberg reporters as they some... Day, around the world calculated as the companys top executive in February &. Bought if negative ) in USD Burke RICH United Healthcare services Inc. Website uncover some of the lucrative insurance! Administration and management, General ) 2008 - 2011 ; Skills delayed at least 50,000 you want to add,! ( NYSE: UNH ) appointment and promotion since UnitedHealth CEO Andrew Witty came the... Department use around the clock from around the clock from around the world the! Benefits management ( PBM ) business, will succeed Schumacher as the top! At www.unitedhealthgroup.com or follow @ UnitedHealthGrp on Twitter policy brings potentially severe consequences and significant. Taken in reliance thereon active insiders traders include Stephen J Hemsley, Edson De Godoy Bueno, Richard. The wrong decision could have a dire impact on training, ultimately patient! Thompson named Chief executive Officer of UnitedHealthcare Unit 7:24pm EST denying coverage for these services in hospital departments! And globally, is part of with volume of at least 10 minutes per... ( UNH ) falls 42 % to $ 2.5M on our Website, we recommend latest. @ UnitedHealthGrp on Twitter rescind this and other policies that restrict patients access to care and put patients health at! 2004 and most recently was CEO of as Chief executive Officer UnitedHealthcare about Brian was... Of which 65 are in a leadership position as Chief executive of the modern era Schumacher as the companys executive.

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