Here are the 16 Minnesota companies on the Fortune 500 list this year: 7: UnitedHealth Group Inc. (down from 6; 2019 revenues of $242.1 billion) 37: Target Corp. (up from 39; $78.1 billion). We are honored to be recognized as a 2023 Best Employer for our efforts in #MentalHealth and #HealthyEquity. Birth control fail: Why American women cant have better contraceptives in 2023, States are turning to the big health insurance companies to keep Medicaid enrollees insured once pandemic protections end, How the top 10 Fortune 500 companies are bringing workers back to the office, This UnitedHealth Group executive knows how important Black maternal health isshes lived it, Brainstorm Health 2023 - Employers Stepping Up: Making Health Care More Affordable, Fortune 500 shows energy took a big hit in 2020, CA Notice at Collection and Privacy Notice, Do Not Sell/Share My Personal Information. UnitedHealth Group plans to use the findings of this report as a critical source of information to fulfill its mission of making the health system work better for everyone. UnitedHealth Group is committed to working with and providing reasonable accommodations to individuals with physical and mental disabilities. To order, contact Customer Service at +1 908 439 2200, ext. . It operates through the following segments: UnitedHealthcare, OptumHealth, OptumInsight, and OptumRx. The company served 2.2 million more people than in the. UnitedHealth Group comes out on top in this group, landing fifth in the Fortune 500 rankings overall with $287.59 billion in revenue, up 11.8 percent year over year. In the overall rankings we add non-academic prominence and alumni popularity indicators. It also earned an "All-Star" designation. All Rights Reserved. Military Friendly is the standard that measures an organization's commitment, effort and success in creating sustainable and meaningful benefit for the military community. UnitedHealth Group Fortune 500 rank: 7 Profits: $13,839,000,000 Profits percent change: 15.5% Revenues: $242,155,000,000 Assets: $173,889,000,000 Market value: $236,555,200,000 Employees: 325,000 Profit per employee: $42,581.54 See: Coke Joins Other Consumer Brands in Raising Prices to Offset Higher Costs 16. Walmart and UnitedHealth Group are partnering to provide healthcare services for Medicare Advantage enrollees across the U.S. Use Forbes logos and quotes in your marketing. Use the CB Insights Platform to explore UnitedHealth Group's full profile. The company served 2.2 million more people than in the previous year and saw a 12% rise in revenue year over year, to $287 billion. The UnitedHealthcare segment utilizes Optum's capabilities to help coordinate patient care, improve affordability of medical care, analyze cost trends, manage pharmacy benefits, work with care providers more effectively, and create a simpler consumer experience. UnitedHealth Group Reports $5.6 Billion Profit As 2023 Starts Strong For Optum And Health Plans UnitedHealth Group reported a $5.6 billion first quarter profit as the healthcare giant's. Plus, make things more interesting with competitive Wordle! 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. The 32nd edition of the Annual Report, available at AmericasHealthRankings.org, examines 81 measures from 30 unique data sources to understand the impact that social, economic, environmental and other factors have on health. UnitedHealth Group uses findings from Americas Health Rankings reports, along with additional data and insights from the organizations 340,000 employees, to devise and deliver targeted, meaningful solutions that address Americas health disparities in health care, insurance, clinical expertise and financial support. UnitedHealth Group was founded in 1977 by Richard Burke and went public in 1984. Copyright 2021 by A.M. Best Company, Inc. and/or its affiliates. Tuesday, February 9, 2021 - 1:50pm NEWSROOM: UnitedHealth Group CONTENT: Blog For the 11th consecutive year, UnitedHealth Group was the top-ranked company in the Health Care: Insurance and Managed Care sector in all key attributes of reputation for FORTUNE's 2021 World's Most Admired Companies. Amgen2021 revenue: $25.97 billionChange to revenue: 2.2 percent, 173. Pros. The Biden administration is sending out a new batch of emails to borrowers potentially eligible for student loan forgiveness under a recent class action settlement. Get quote: UNH. UnitedHealth Group has been named to the Dow Jones Sustainability World and North America Indices since 1999. ALL RIGHTS RESERVED. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Pfizer2021 revenue: $81.28 billionChange to revenue: 94 percent, 62. It holds the fourth spot in the Fortune 500 rankings overall with $292.11 billion in revenue, up 8.7 percent year over year. Employment Entities Job Application and Successful Candidate Privacy Notice Family & Medical Leave Act Equal Employment Law Poster Employee Polygraph Protection Act E-Verify Participation Poster Immigrant and Employee Right to Work Poster Job Applicant and Successful Candidate Privacy NoticeJob Applicant and Successful Candidate Privacy Notice. UnitedHealth Group has been named to the Dow Jones Sustainability World and North America Indices since 1999. Revenue: $10+ billion (USD) UnitedHealth Group is a health care and well-being company with a mission to help people live healthier lives and help make the health system work better for everyone. This list helps professionals identify the top workplaces to grow their careers. UnitedHealth Group will never request you to pay a vendor or pay a fee of any sort to explore employment opportunities with our company. We are happy to help. 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. Through charitable contributions and volunteering, our people are deeply and personally involved in building healthier communities. Powered and implemented by Interactive Data Managed Solutions. The Civic 50, a Points of Light initiative, recognized UnitedHealth Group as one of the 50 most community-minded organizations. (2018) [1] Number of employees. America's Health Rankings, in partnership with GAPNA, collaborated with an advisory group of leading experts in senior health to develop the 2021 Senior Report. 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. 5 . Linking and Reprinting Policy. Download the full 2021 Sustainability Report to learn what sustainability means to us. It is 5th in the United States on the Fortune 500. As the nations largest health insurer, UnitedHealth Group continues to lead the health care industry toward the development of a next-generation health system in a socially conscious way a system that increases access to care, makes care more affordable, enhances the care experience and improves health outcomes. Centene2021 revenue: $125.98 billionChange to revenue: 13.4 percent, 37. UnitedHealth Group revenue will surpass $357 billion next year as the diversified healthcare giant continues to grow its health insurance business along with the provision of medical care. UnitedHealth Group. UnitedHealth Group headquartered in Minnetonka, Minnesota, was founded by Richard T. Burke in 1977. 2023 Fortune Media IP Limited. If you need special assistance or accommodation for any part of the application process, please call 1-866-566-8715 to be connected to Recruitment Services. Address: 9900 Bren Rd E Minnetonka, MN, 55343-4402 United States See other locations Phone: Website: www.unitedhealthgroup.com Employees (this site): Actual Employees (all sites): Actual Revenue: $324.16 billion Actual Sales Growth: 12.92% Net Income Growth: 16.4% Assets: $245,705 Fiscal Year End: DEC Year Started: Incorporated: AM Best released the rankings of the worlds largest global insurance companies, by NPW and non-banking assets, in the Jan. 4, 2021, issue of BestWeek. Bristol Myers Squibb2021 revenue: $46.38 billionChange to revenue: 9.1 percent, 86. Annual ranking of America's largest corporations. Multiple genes are known to be associated with osteogenesis imperfecta (OI), a phenotypically and genetically heterogenous bone disorder, marked predominantly by low bone mineral density and increased risk of fractures. Diversity creates a healthier atmosphere: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law. We know that valuing diversity makes good business sense and helps to ensure our future success. Fortune magazine ranked UnitedHealth Group No. Molina Healthcare2021 revenue: $27.77 billionChange to revenue: 43 percent, 129. McKesson2021 revenue: $238.22 billionChange to revenue: 3.1 percent, 10. Moderna2021 revenue: $18.47 billionChange to revenue: 2,199 percent, 204. 2021 Optum Global Solutions, All rights reserved. Fifteen pharmaceutical and health service companies are ranked, with CVS Health leading this group. The OptumInsight segment focuses on data and analytics, technology, and information to help major participants in the health care industry. Salaries, reviews, and more - all posted by employees working at UnitedHealth Group. With a market capitalization of $107.1 billion, UnitedHealth Group is the largest insurance provider in the US. Johnson & Johnson2021 revenue: $93.77 billionChange to revenue: 13.6 percent, 40. AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. It also ranked No. [7] Fortune Global 500 list of 2019 The following is the list of top 10 companies. The industry lists rank the top workplaces for professionals to grow their career. UnitedHealth Group was named to Forbes list of Americas 500 Best Large Employers for 2022. 5 in the 2022 rankings of the 500 largest U.S. corporations based on 2021 revenues. Recently, mutations affecting MESD, which encodes for a chaperone required for t Walmart. Investing in Housing for Better Healthcare: Altria Group (MO) reports quarterly results in two days. A 13% increase in high health status, the percentage of adults reporting that their health was very good or excellent, nationally between 2019 and 2020. An experienced leader within the sports sponsorship space. Humana2021 revenue: $83.06 billionChange to revenue: 7.7 percent, 43. The UnitedHealth Group name with the dimensional logo, as well as the dimensional logo alone, are both service marks for the UnitedHealth Group, Inc. Diversity creates a healthier atmosphere: UnitedHealth Group is an Equal Employment Opportunity/Affirmative Action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law. 2021 revenue: $292.11 billion. UnitedHealth Group clinicians will make more than 2.5 million visits to patients' homes this year as health insurers address social determinants of health. UnitedHealth Group is also focused on reducing health disparities informed by Americas Health Rankings, including through philanthropic partnerships that address specific community health needs. Apple. Consensus Price Target is the stock price analysts expect to see within a period of 0-18 months. FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. Total Return to Investors (5 year, annualized), Total Return to Investors (10 year, annualized). 2021. . On December 20th, 2021, EnableComp merged with Argos Health. It is a for-profit healthcare and insurance firm based in the United States. 1-Year Trailing Total Return: -8.9%. Top 10 Fortune 500 Companies 2022. Treat this information as a rough guide and not as a definitive measure of your chances of admission. UnitedHealth Group is a registered service mark of UnitedHealth Group, Inc. Market value as of March 8, 2023. Mar 2021 - Aug 2021 6 months. FC Barcelona have been studying the possibility of playing in a foreign league while fearing possible sanctions stemming from the 'Caso Negreira' scandal, according to the Catalan media. Get the best reports to understand your industry. Humana: $56.91 billion 10. Berlin Technical University of Applied Sciences, Bonn-Rhein-Sieg University of Applied Sciences, Munich University of the Federal Armed Forces, Otto von Guericke University of Magdeburg. To arrive at the top 50, 4,170 executives, directors and securities analysts were asked to select 10 companies . (6 days ago) WebIn 2021, UnitedHealth Group reported total revenues of around 288 billion U.S. dollars. UnitedHealth Group Head office: Minnesota, USA Global ranking: 22nd Business lines: Life and health Revenue: $297.55 billion Net profit: $17.45 billion Assets: $221.24 billion Market value:. 2021: 76: 892: Tuition. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. To learn more, visit UnitedHealthFoundation.org. The Brillante Awards recognize outstanding contributions to the educational, economic and social well-being of the Hispanic community. Fortune sorted companies on the list based on their sector.Within the health care sector, Fortune sorted companies based on different health care industries, including wholesalers, insurance and managed care, medical products and equipment, and . Premium Statistic Number of Fortune 500 companies worldwide 2000-2022, . UnitedHealth Group (NYSE: UNH) provides services in the field of health and well-being. Cigna2021 revenue: $174.07 billionChange to revenue: 8.5 percent15. This is the eleventh consecutive year UnitedHealth Group has ranked No. Number of patent applications worldwide 1990-2021; Ranking of the 20 countries with the most patent grants 2021; . Merck2021 revenue: $51.21 billionChange to revenue: 6.7 percent, 82. CVS Health Corp. Group moved up in the NPW ranking for a second-straight year, driven predominantly by its acquisition of Aetna Inc., climbing to No. The following are the top-ranked companies in 2020 for each sector. 8 in the previous ranking, following completion of its demerger with investment management business M&G plc. Of those, Nashville, Tenn.-based HCA Healthcare reigns, holding the 62nd spot overall with $58.75 billion in revenue, up 14 percent year over year. Download the full 2021 Sustainability Report to learn what sustainability means to us. About UnitedHealth Group. Cons. Pharmacy benefits management company Optum, one of UnitedHealths subsidiaries, delivered a 33% increase in revenue per consumer. AmerisourceBergen. The company was also named an All-Star among the Top Fifty Most Admired Companies overall and "became even more essential during the pandemic," according to FORTUNE. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022. December 07, 2021 2. The 68th Fortune 500 was released May 23. . EPS and Revenue estimates are for the next 12 months. Achieving synergy requires integrating and leveraging team members expertise and perspectives, though those are also the barriers to doing so. We embrace and encourage a culture of diversity and inclusion. Prospanica, an organization that has worked to empower Hispanic professionals for over 30 years, has recognized UnitedHealth Group with the 2021 Brillante Award for Corporate Excellence. Coburg University of Applied Sciences and Arts, Hamburg School of Business Administration, Ostfalia - Braunschweig/Wolfenbuttel, University of Applied Sciences, Emden/Leer University of Applied Sciences, Catholic University of Applied Sciences NRW, Ravensburg-Weingarten University of Applied Sciences. All rights reserved. #14 in Best Fortune 500 Companies to Work For . Since 1955, Fortune magazine has published the annual list, and it is considered one of the. FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. Terms & Conditions. Gilead Sciences2021 revenue: $27.3 billionChange to revenue: 10.6 percent, 140. Overall, the annual non-banking ranking saw some reshuffling in the Top 5, while the leading five companies in the NPW ranking remained in their spots from the previous year. The 2023 list will be announced in late May. AIG was particularly battered. . Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Sources: S&P Global; Bloomberg. 590 items. IU Internationale Hochschule. Cardinal Health: $136.81 billion 6. Tiffany Hagler-GeardBloomberg/Getty Images. The OptumHealth segment provides health services business serving the broad health care marketplace, including payers, c UnitedHealth Group, Inc. engages in the provision of health care coverage, software, and data consultancy services. 20. Fortune 500 Investor list. 1. Cardinal Health2021 revenue: $162.46 billionChange to revenue: 6.2 percent, 20. Report this profile . patricia.vowinkel@ambest.com, Internet Explorer presents a security risk. Fortune 500 rank: 21 (Previous rank: 37) 2006 Revenues (millions): $71,542. Fortune magazine ranked UnitedHealth Group No. To compile the list, 150,000 workers from 58 countries working for multinational organizations were asked to rate their willingness to recommend their employers to friends and family, and to evaluate other employers in their industries that stood out positively or negatively. Report is first to include data collected during COVID-19 pandemic, Americas Health Rankings 2021 Annual Report Illustrates Complex Picture of Americas Health. In this years report which provides a comprehensive look at our nations overall health we begin to see how the COVID-19 pandemic has had both direct and indirect impacts on health and health trends, said Dr. Rhonda Randall, executive vice president and chief medical officer of UnitedHealthcare Employer and Individual, part of UnitedHealth Group. Always check official university websites for the latest enrollment information. The group is among the world's ten largest .