NewsfeedFollowed Companies

Optum's Competitors, Revenue, Number of Employees, Funding and Acquisitions

Optum is a provider of healthcare analytics, population health management, revenue cycle management and compliance solut... Read more

Estimated Annual Revenue

Estimated Employees

Andrew Witty's photo - CEO of Optum

CEO

Andrew Witty

CEO Approval Rating

82/100

OVERVIEW

Founded:

1997

Headquarters:

Eden PrairieMinnesota

Status:

PrivateSubsidiary of UnitedHealth Group Inc.

Industry Sector:

Health Care Technology

SIC Code:

8090NAICS listing »

Top Competitors or Alternatives

Missing a competitor? Contribute!

Weigh-in!

Help the Owler community know more

Growth Score - 1/1

Is $101.3B a good estimate for Optum's revenue?

I don't know

Trending News for Optum and Optum's Competitors

January 22, 2020

Law 360

Cerner Corp. Accused of Mismanaging Retirement Plan

Cerner Corp. has been hit with a proposed class action accusing the health records giant of costing p... See more »

January 22, 2020

Seeking Alpha

McKesson Offers Asymmetric Upside Near Recent Prices

See more »

January 22, 2020

MarketScreener

athenahealth Honored in Built In Austin's and Boston's Respected Best Places to Work Lists in 2020

(marketscreener.com) WATERTOWN, Mass., Jan. 22, 2020 -- athenahealth, Inc., a leading provider of net... See more »

Competitive Analysis

TOP COMPETITORS OR ALTERNATIVES

Cerner is the top competitor of Optum. Cerner is a Public company that was founded in North Kansas City, Missouri in 1979. Like Optum, Cerner also operates in the Health Care Technology sector. Cerner has 5,800 fewer employees vs. Optum.

McKesson is seen as one of Optum's biggest rivals. McKesson was founded in Irving, California} in 1833. McKesson operates in the Health Care Distributors industry. Compared to Optum, McKesson generates $120.7B more revenue.

Allscripts is perceived as one of Optum's biggest rivals. Allscripts was founded in 1986, and is headquartered in Chicago, Illinois. Like Optum, Allscripts also competes in the Health Care Technology space. Allscripts generates $99.8B less revenue vs. Optum.

RANK

COMPANY

LEADERSHIP

CEO SCORE

EMPLOYEES

TOTAL FUNDING

REVENUE

Andrew Witty

CEO

- -
35,000
$0
$101.3B
1

Brent Shafer

Chairman & CEO

75/100
29,200
- -
$5.6B
2

Brian Tyler

CEO

72/100
78,000
- -
$222B
3

Paul M. Black

CEO

70/100
7,500
$112M
$3.5B
4

Bob Segert

Chairman & CEO

75/100
5,305
$113.2M
$1.3B
5

Girish Navani

Co-Founder & CEO

72/100
5,000
- -
$550M
6

Judith R. Faulkner

Founder & CEO

70/100
10,000
- -
$3B
7

Phillip T. Ragon

Founder & CEO

76/100
1,600
- -
$697M
8

Bill Anderson

Chairman & CEO

73/100
815
- -
$27.8M
9

Howard Messing

President & CEO

92/100
4,130
- -
$483.3M
10

Boyd Douglas

President & CEO

73/100
2,000
$49.5M
$276.9M
The top 10 competitors in Optum's competitive set are Cerner, McKesson, Allscripts, athenahealth, eClinicalWorks, Epic, InterSystems, Medhost, MEDITECH and CPSI. Together they have raised over 274.7M between their estimated 126.5K employees. Optum's revenue is the ranked 2nd among it's top 10 competitors. The top 10 competitors average 30.8B. Optum has 35,000 employees and is ranked 2nd among it's top 10 competitors. The top 10 competitors average 16,231.

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Diplomat Pharmacy, Inc.

Dec 2019

Source »
$300M
Diplomat is a specialty pharmacy that provides health care and infusion services for patients with chronic conditions.
Vivify Health, Inc.

Oct 2019

Source »
undisclosed
Vivify Health develops a digital platform that offers remote patient monitoring solutions through connected IoT devices.
Reliant Medical Group

Apr 2018

Source »
$28M
Reliant is a medical practice offering a range of primary and specialty care services including radiology, eye, diabetic and nutritional counseling.
DaVita Medical Group

Dec 2017

Source »
$4.9B
DaVita Medical Group owns and operates a network of healthcare centers that provides kidney care and coordinated medical care services.
SJV Data Solutions

Aug 2017

Source »
$1.3B
SJV provides background checks and tenant screening data solutions to the consumer reporting agency.

These are all the companies that Optum has acquired. Optum has acquired 11 companies and its latest acquisition was Diplomat Pharmacy, Inc. in Dec 2019. Diplomat is a specialty pharmacy that provides health care and infusion services for patients with chronic conditions.

Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Health At Scale develops machine learning and AI healthcare application that matches every patient with treatment.
$16M
Dec 18, 2018
Series A
-
SHYFT provides cloud data management and mobile analytics solutions for the life science industry.
$20M
Aug 16, 2016
Series B
Jun 01, 2018
SafeOp Surgical is a developer of neuromonitoring device that helps to detect the nerve damage in surgical procedures.
$2.3M
Jul 13, 2014
Equity
Mar 01, 2018

These are all the companies that Optum has invested in. Optum has invested 11 companies and its latest investment was Diplomat Pharmacy, Inc. in Dec 2019. Diplomat is a specialty pharmacy that provides health care and infusion services for patients with chronic conditions.

Optum News

January 13, 2020Beckers Hospital Review

4 things to know

See more »
January 10, 2020Beckers ASC Review

Optum partners with Minnesota health system to develop ASCs

See more »
January 9, 2020Beckers Hospital Review

OptumRX says Ohio didn't play fair in drug-pricing negotiations

See more »
December 13, 2019Beckers Hospital Review

Optum's strategy in Las Vegas reveals how it plans to rapidly expand

See more »
December 11, 2019Pharmabiz

Diplomat, OptumRx combining to advance access to specialty pharmacy care and infusion services

OptumRx, the pharmacy care services business of Optum, and Diplomat, a provider of specialty pharmacy... See more »
December 10, 2019Seeking Alpha

The End Of A Painful Ride

Diplomat Pharmacy (DPLO) has been a poster child of shareholder value destruction as of recent as the... See more »
December 9, 2019DBusiness Magazine

California's OptumRx Acquires Flint's Diplomat

California's OptumRx, the pharmacy care services business of Optum, and Flint's Diplomat, a provider ... See more »

Optum Blogs

February 11, 2019Optum Blog

3 ways Optum is working to end the opioid epidemic

Opioid medications can be an essential part of treatment for those with short-term medical conditions... See more »
February 5, 2019Optum Blog

Top outpatient surgery center trends in health care

Health plans are focusing on ambulatory surgery centers (ASCs) as a source of cost savings. The same ... See more »
February 4, 2019Optum Blog

How the right HSA provider can support your employees' health and security

Medical bills: trying to understand them may be nearly as painful as the injury or illness that gener... See more »
January 31, 2019Optum Blog

Next AI 'wave' will be a sea change for health care

The artificial intelligence (AI) journey from theory to mainstream has evolved in waves. While health... See more »
January 29, 2019Optum Blog

Are your employees getting enough sleep?

The occasional night without sleep can leave anyone irritated and grouchy. But it might not cause muc... See more »
January 28, 2019Optum Blog

Pathways to Success: Five key areas participants should evaluate based off of the CMS Final Rule

The Centers for Medicare and Medicaid Services (CMS) delivered sweeping changes on December 21, 2018.... See more »
January 25, 2019Optum Blog

What will you do differently this HEDIS® season?

Speaking from experience With limited resources during the short HEDIS season, health plans must make... See more »

Optum Press Releases

June 28, 2019Business Wire

UnitedHealth Group Advances Senior Leadership Team

MINNETONKA, Minn.--(BUSINESS WIRE)--UnitedHealth Group announced changes to its senior executive team... See more »
May 24, 2019StreetInsider

UnitedHealthcare and Optum Take Action to Support People Affected by Severe Weather and Flooding in Oklahoma

OKLAHOMA CITY--(BUSINESS WIRE)-- UnitedHealthcare and Optum, the health benefits and services compani... See more »
May 13, 2019Business Wire

UnitedHealthcare and Optum Take Action to Support People Affected by Flooding in Mississippi

JACKSON, Miss.--(BUSINESS WIRE)--UnitedHealthcare and Optum are taking action to help people affected... See more »
April 18, 2019Business Wire

UnitedHealthcare and Optum Take Action to Support People Affected by Severe Weather in Texas

DALLAS--(BUSINESS WIRE)--UnitedHealthcare and Optum are taking action to help people affected by seve... See more »
March 18, 2019Business Wire

UnitedHealthcare and Optum Take Action to Support People Affected by Flooding in Wisconsin

MADISON, Wis.--(BUSINESS WIRE)--UnitedHealthcare and Optum are taking action to help people affected ... See more »
March 4, 2019Business Wire

UnitedHealthcare and Optum Take Action to Support People Affected by Tornadoes in Alabama

BIRMINGHAM, Ala.--(BUSINESS WIRE)--UnitedHealthcare and Optum are taking action to help people affect... See more »
January 9, 2019Business Wire

Engagement in Well-being Programs Strongly Linked to Greater Employee Loyalty, According to Optum Study

EDEN PRAIRIE, Minn.--(BUSINESS WIRE)--Engagement in well-being programs is strongly linked to greater... See more »

Optum Videos

August 11, 2017Optum Youtube Channel

"Learn how NYUPN improves performance with Optum" on YOUTUBE

See more »
August 3, 2017Optum Youtube Channel

"Creating connections through data - OptumRx Chief Analytics Officer" on YOUTUBE

See more »
May 10, 2017Optum Vimeo Channel

"Making of | Plano de Medicamento" on VIMEO

Cast: Optum... See more »
June 8, 2016Optum Youtube Channel

"Award-Winning BriovaLive Video Consultation" on YOUTUBE

See more »
June 8, 2016Optum Youtube Channel

"BriovaRx: Managing high-cost specialty medications" on YOUTUBE

See more »
June 8, 2016Optum Youtube Channel

"OptumRx Overview" on YOUTUBE

See more »
May 12, 2016Optum Youtube Channel

"Powering Modern Health Care Through Data And Analytics" on YOUTUBE

See more »

Social Statistics

Headquarters

11000 Optum Circle

Eden Prairie, Minnesota55344

877-765-4445

Driving Directions »

Trending Companies

Summary

ABOUT

Overview

Optum, Inc. is a private company which provides information and technology-enabled health management and care delivery services in the US. It has 94,000 people dedicated to improving the health system for everyone in it. It powers modern health care b...

CEO

Optum's CEO, Andrew Witty, currently has an approval rating of 82%. Optum's primary competitors are Cerner, McKesson & Allscripts.

Website

optum.com

Frequently Asked Questions about Optum

  1. When was Optum founded?

    Optum was founded in 1997

  2. Who is Optum's CEO?

    Optum's CEO is Andrew Witty

  3. How much revenue does Optum generate?

    Optum generates $101.3B in revenue

  4. How much funding does Optum have?

    Optum has historically raised $0 in funding

  5. Where is Optum's headquarters?

    Optum's headquarters is in Eden Prairie Minnesota, USA

  1. How many employees does Optum have?

    Optum has 35,000 employees

  2. What sector does Optum operate in?

    Optum is in Health Care Technology

  3. Who are Optum's competitors?

    Optum's top competitors are Cerner, McKesson, Allscripts

  4. Who has Optum invested in?

    Optum's has invested in companies such as Health At Scale, SHYFT , SafeOp Surgical
Stay up-to-date with the latest news on Optum