UnitedHealth Group, Inc. (UNH)
By Trevor Born
Fortune 500 rank: 25
Founder: Richard Burke
CEO: Stephen Hemsley
9900 Bren Road E
Minnetonka, MN 55343
What it does:
The largest public corporation in Minnesota, UnitedHealth Group is a group of businesses in the health care industry.
UnitedHealthcare (Health care for individuals and businesses of all types)
Ovations (Health care for people 50 and older)
AmeriChoice (Health care for those with Medicare and other government programs)
Ingenix (Health care software, consulting, and data services)
OptumHealth (Specialty health services)
Prescription Solutions (Pharmacy benefit management systems)
People served: 70 million
Revenue: $75.4 billion
Net Income: $4.6 billion
S & P Data from October 2008. Chart by Denise Rath.
For three consecutive years, Forbes magazine has named UnitedHealth Group the No. 1 innovator in the health care industry.
Recent innovations include MyUHC.com, a secure Web portal where patients can view their own medical history, lab results and a summary of their conditions, and UnitedHealth Premium, which gives information about physicians and hospitals nationwide.
Trevor Born is a sophomore journalism and African-American studies student at the University of Minnesota and owner of Purple Press Magazine. He has written for the Associated Press, the Star Tribune and the Minnesota Daily.