Optum earned $62.9 billion in total revenue in the second quarter of 2024 — an increase of 11.7% year over year, according to the company's financial report.
Optum is the country's largest physician employer and the parent company of ASC chain SCA Health.
Here are five more notes:
1. Optum's operating earnings were $3.9 billion, and its adjusted operating earnings, which exclude costs related to the Change Healthcare cyberattack response, were $4.3 billion.
2. Optum Health's revenue increased 13% over last year, driven by growth in the number of value-based care patients and types of care offered, according to the report.
3. Optum Insight operating earnings were $550 million and adjusted operating earnings were $940 million.
4. UnitedHealth Group, Optum's parent company, posted $4.2 billion in net income during the second quarter of 2024, a 23% decline year over year.
5. UnitedHealth Group said it has restored the majority of affected Change Healthcare services, as well as provided more than $9 billion in advance funding and loans to providers.