Behavioral Health Business October 13, 2023
UnitedHealth Group (NYSE: UNH) has seen a significant increase year over year in its behavioral health care costs.
At the same time, the company’s health services organization, Optum, has also seen a large uptick in behavioral health usage year over year. UnitedHealth Group CEO Andrew Witty noted that this trend could have favorable outcomes.
“We’re very positive about that, because it’s a signal that people are engaging in seeking help for their behavioral conditions,” Witty said during the company’s Q3 earnings call on Friday. “And we know that entwines very importantly with their ongoing medical costs.”
UnitedHealth Group is also doubling down on its ability to integrate physical care into its behavioral health and pharmacy offerings.
“This work means developing...
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