STAT+: How UnitedHealth harnesses its physician empire to squeeze profits out of patients

STAT July 25, 2024
Bob Herman, Tara Bannow, Casey Ross, Lizzy Lawrence

UnitedHealth Group started out as a small, Minnesota health insurance company and has since morphed into a modern-day Standard Oil, exerting unmatched dominance over health care in the United States.

It’s no secret that UnitedHealth is a colossus: It’s the country’s largest health insurer and the fourth-largest company of any type by revenue, just behind Apple. And thanks to a series of stealthy deals, almost 1 in 10 U.S. doctors — some 90,000 clinicians — now either work for UnitedHealth or are...

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