UnitedHealth Group projected that it generated $242 billion in 2019 and is projecting a 7% to 8% increase in earnings in 2020 thanks to strong growth from its PBM division Optum. Read their key takeaways and learn how you can drive 2020 revenue. 2. Revenue from its Optum unit rose 21.4% to $34.92 billion in the quarter ended Sept. 30. Optum revenues grew by 13.4 percent, or $3.3 billion, year over year. Optum's second-quarter 2019 earnings from operations hit $2.1 billion. Optum Pay™ (formerly EPS) Find support for Optum Pay, a fully integrated, full-service payment and remittance advice solution for all sizes and types of health care provider organizations. UnitedHealth's Optum division is in talks to pay about $470 million, or around 10 times forward revenue, for New York-based AbleTo, according to people familiar with the matter. Five insights on Optum's performance: 1. Revenue from Optum, which manages drug benefits and offers healthcare data analytics services, rose about 8% to $29.8 billion. Optum Pay Optum projects 11 percent year-over-year revenue growth to $112.1 billion and 14 percent earnings growth to $9.35 billion. OptumHealth, Optum's health care … On an adjusted basis, the … UnitedHealth Group's health services subsidiary Optum saw large revenue and profit gains in the second quarter of fiscal year 2020.. Five things to know: 1. The 13.8 percent increase over second-quarter 2018 earnings was driven by strong revenue … The company expects to grow even more in 2020 and beyond. Optum's revenue grew $6.1 billion year-over-year, or about 21%, led by growing sub-units like OptumRx, a pharmacy business. Decision 2020 | How the 2020 Elections will Impact the Political and Policy Environment in 2021 1:00 - 1:30 p.m. Learning Tracks | Solution User Breakout #3 Over three dozen financial executives at the recent HealthLeaders CFO Exchange discussed how they are achieving cost efficiencies while finding sustainable opportunities for revenue and market share. Phone: 1-877-620-6194. Healthcare Information Technology (HIT) Market Size 2020 COVID-19 Impact on Revenue of Best Industry Players – Optum, Inc., Cerner Corporation, Cognizant, Change Healthcare; Geothermal Heat Pumps System Market 2020 Size, Development Strategy, Analysis, Opportunity Assessment, Key Players and Trends by Forecast 2026