MINNEAPOLIS–(BUSINESS WIRE)–UnitedHealth Group (NYSE:UNH) today appear aboriginal division results, accent by accelerated acquirement beforehand from both its UnitedHealthcare and Optum businesses1. Aboriginal division 2011 net balance were $1.22 per share. Key achievement metrics and costs were in band with or bigger than Aggregation expectations.
Stephen J. Hemsley, admiral and arch controlling administrator of UnitedHealth Group, said, “Demand is accretion for greater connectivity, accuracy and acceptable amount structures beyond the bloom system, as consumers, payers and affliction providers alarm for affection affliction at affordable prices. UnitedHealth Group is well-positioned for abiding beforehand as we abode these accretion bazaar needs with constant performance, solid axiological beheading and applied accession that helps barter accomplish their goals.”
The Aggregation adapted its abounding year cyberbanking angle based on aboriginal division after-effects and business trends, and now forecasts 2011 revenues aing $101 billion, net balance in the ambit of $3.95 to $4.05 per allotment and banknote flows from operations in a ambit of $5.8 billion to $6.2 billion.
1 In 2011 the Aggregation realigned assertive of its businesses to bigger acknowledge to bazaar changes and opportunities that are arising as the bloom arrangement evolves. Added advice about the alteration is included in the Balance Absolution Schedules and Supplementary Advice included with this columnist release.
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UnitedHealthcare provides network-based bloom affliction allowances for a abounding spectrum of barter in the bloom allowances market. UnitedHealthcare serves administration alignment from sole proprietorships to large, multi-site and civic employers, as able-bodied as acceptance and individuals, delivers bloom and abundance allowances to Medicare beneficiaries and retirees, and manages bloom affliction account programs on account of accompaniment Medicaid and association programs and their participants.
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UnitedHealthcare Employer & Individual
UnitedHealthcare Medicare & Retirement
UnitedHealthcare Association & Accompaniment
Optum is an advice and technology-enabled bloom casework business confined the ample bloom affliction marketplace, including affliction providers, administration and plan sponsors, activity sciences companies and consumers. By allowance affix and adjust bloom arrangement participants and accouterment them actionable intelligence at the credibility of decision-making, Optum helps beforehand all-embracing bloom arrangement performance: optimizing affliction quality, abbreviation costs and convalescent the customer experience. Optum is organized based on amount capabilities and markets beneath three segments: OptumHealth (health administration and wellness, ytic casework and cyberbanking services), OptumInsight (technology, intelligence, consulting and business outsourcing solutions), and OptumRx (pharmacy services). The beyond of this portfolio allows Optum to appulse key activities that advice accredit acceptable bloom communities.
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OptumInsight (formerly Ingenix)
OptumRx (formerly Decree Solutions)
About UnitedHealth Group
UnitedHealth Group (NYSE:UNH) is a adapted bloom and abundance aggregation committed to allowance bodies alive convalescent lives and authoritative bloom affliction assignment better. With address in Minnetonka, Minn., UnitedHealth Group offers a ample spectrum of articles and casework through two audible platforms: UnitedHealthcare, which provides bloom affliction advantage and allowances services; and Optum, which provides advice and technology-enabled bloom services. Through its businesses, UnitedHealth Group serves added than 75 actor bodies worldwide. Visit www.unitedhealthgroup.com for added information.
Balance Appointment Alarm
As ahead announced, UnitedHealth Group will altercate the Company’s results, action and approaching angle on a appointment alarm with investors at 8:45 a.m. Eastern time today. UnitedHealth Group will host a alive webcast of this appointment alarm from the Investors folio of the Company’s Web armpit (www.unitedhealthgroup.com). The webcast epitomize of the alarm will be accessible on the aforementioned armpit through May 5, 2011, afterward the alive call. The appointment alarm epitomize can additionally be accessed by dialing 1-800-642-1687, appointment ID # 11909577. This balance absolution and the Form 8-K anachronous April 21, 2011 may additionally be accessed from the Investors folio of the Company’s Web site.
This columnist absolution may accommodate statements, estimates, projections, advice or angle that aggregate “forward-looking” statements as authentic beneath U.S. federal balance laws. About the words “believe,” “expect,” “intend,” “estimate,” “anticipate,” “plan,” “project,” “should” and agnate expressions yze advanced statements, which about are not absolute in nature. These statements may accommodate advice about cyberbanking prospects, bread-and-er altitude and trends and absorb risks and uncertainties. We attention that absolute after-effects could alter materially from those that administration expects, depending on the aftereffect of assertive factors.
Some factors that could account after-effects to alter materially from the advanced statements include: our adeptness to finer estimate, amount for and administer our medical costs, including the appulse of any new advantage requirements; the abeyant appulse that new laws or regulations, or changes in absolute laws or regulations, or their administration or appliance could accept on our after-effects of operations, cyberbanking position and banknote flows, including as a aftereffect of increases in medical, administrative, technology or added costs consistent from federal and accompaniment regulations affecting the bloom affliction industry; the appulse of any abeyant assessments for bankrupt payers beneath accompaniment agreement armamentarium laws; the ultimate appulse of the Accommodating Protection and Affordable Affliction Act, which could materially abnormally affect our cyberbanking position and after-effects of operations through bargain revenues, added costs, new taxes and broadcast liability, or crave changes to the means in which we conduct business or put us at accident for accident of business; uncertainties apropos changes in Medicare, including abeyant changes in accident acclimation abstracts validation ysis and acquittal acclimation methodology; abeyant reductions in acquirement accustomed from Medicare and Medicaid programs; abortion to accede with restrictions on accommodating aloofness and abstracts aegis regulations; authoritative and added risks and uncertainties associated with the pharmacy allowances administration industry; aggressive pressures, which could affect our adeptness to advance or access our bazaar share; the abeyant appulse of adverse bread-and-er altitude on our revenues (including decreases in acceptance consistent from increases in the unemployment amount and bartering attrition) and after-effects of operations; our adeptness to assassinate affairs on aggressive agreement with physicians, hospitals and added account professionals; our adeptness to attract, absorb and accommodate abutment to a arrangement of absolute third affair brokers, consultants and agents; contest that may abnormally affect our affairs with AARP; increases in costs and added liabilities associated with added litigation, government investigations, audits or reviews; the achievement of our advance portfolio; accessible crime of the amount of our abstract assets in affiliation with dispositions or if approaching after-effects do not abundantly abutment amicableness and abstract assets recorded for our absolute businesses or the businesses that we acquire; increases in bloom affliction costs consistent from all-embracing medical emergencies; abortion to advance able and able advice systems or if our technology articles do not accomplish as intended; confiscation of our proprietary technology; our adeptness to access acceptable funds from our adapted subsidiaries to armamentarium our obligations; the abeyant appulse of our approaching banknote and basic requirements on our adeptness to advance our anniversary allotment acquittal cycle; abortion to complete or accept advancing allowances of acquisitions; abeyant downgrades in our acclaim ratings; and abortion to accomplish targeted operating amount abundance improvements, including accumulation consistent from technology accessory and authoritative modernization.
This account of important factors is not advised to be exhaustive. A added account and description of some of these risks and uncertainties can be begin in our letters filed with the Balance and Exchange Commission from time to time, including the cautionary statements in our anniversary letters on Form 10-K, anniversary letters on Form 10-Q and accepted letters on Form 8-K. Any or all advanced statements we accomplish may about-face out to be wrong. You should not abode disproportionate assurance on advanced statements, which allege alone as of the date they are made. We do not undertake to amend or alter any advanced statements.
Note: UnitedHealth Group served 77.1 actor individuals beyond all businesses at March 31, 2011, 75.4 actor at December 31, 2010, 75.2 actor at March 31, 2010, and 70.3 actor at December 31, 2009.
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