Becker's Healthcare April 11, 2024
UnitedHealth Group’s Optum, the country’s largest employer of physicians and parent company of ASC chain SCA Health, is attracting a lot of attention with its rapid growth.
In 2023, the company added nearly 20,000 physicians, inked deals with three physician groups and three hospitals and earned $226.6 billion in total revenue.
Some lawmakers are concerned about the growth and its effect on patient care and competition. According to a February report from The Wall Street Journal, UnitedHealth is the target of a Justice Department antitrust investigation, focusing on the company’s ownership across sectors.
According to the report, the Justice Department is questioning UnitedHealth about the relationship between Optum and UnitedHealthcare and whether UnitedHealthcare favors Optum-owned physician practices, which...