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Health Organization Case Study - Essay Example
Pages 4 (1004 words)
Topic Name University Topic UnitedHealth Group Incorporated is basically a spread out and diverse healthcare company that has its headquarters in Minnetonka, Minnesota, United States. This company is ranked at the 22nd number in the Fortune 500 companies in the united Stated (Cable News Network, 2012)…
In the year 2011, UnitedHealth Group Incorporated showed total net earnings of $5.142 billion. UnitedHealth Group is the holding company of the UnitedHealthcare, and is the largest and chief health carrier all over the United States of America. The company was formed in the year 1977 and was initially called the United HealthCare Corporation. The name was changed again in the year 1998, but even the new name has its origin based in a firm that the UnitedHealth Group acquired back in the year 1977 which was called the Charter Med Incorporated and was formed in the year 1974. It was in 1979, that the UnitedHealth introduced their first network-based health plan targeting the seniors citizens in America the company became a publicly traded one in 1984. UnitedHealthcare was very recently given the highest rating in the area of employer satisfaction for all self-insured health plan companies by J.D. Power and Associates. The company also received top ratings in 2011 from the American Medical Association (AMA) in the National Health Insurance Report Card published by the AMA. ...