MedCity News January 20, 2021
UnitedHealth’s 2020 revenue jumped by $15 billion from the year before. As the payer gears up for 2021, leaders except to see demand for telehealth and online pharmacies continue, driving their focus on these services.
Ushering in the new year, UnitedHealth Group has expanded its telehealth offerings amid a steady demand for virtual care services. Further, its leaders see online pharmacy services as a driver of growth in the year ahead, according to the transcript of its earnings call from Seeking Alpha Wednesday when the insurance company was reporting its fourth-quarter and 2020 results.
Telehealth use has “metered out,” since spiking early in the pandemic, said Dirk McMahon, CEO of UnitedHealthcare, during the call. There was a 154% increase in...