But problems persist, Controversial Crow Wing Power mine project inches forward. We are a health care and well-being company made up of a diverse team around the world dedicated to making health care work better through two distinct and complementary businesses: Optum and UnitedHealthcare. Executive Vice President, Chief Legal Officer, Executive Vice President, Enterprise Operations & Services, Executive Vice President, Chief Digital & Technology Officer, Executive Vice President, Chief People Officer, Executive Vice President, Chief Medical Officer, Executive Vice President, Health Equity Strategy. Theyre also intended to streamline prior authorization requirements by, for example, preventing patients from having their medical care discontinued just because theyve switched Medicare Advantage plans or from traditional Medicare to Medicare Advantage. took over as the companys top executive in February. We partner with more than 1.3 million physicians and care professionals, and 6,500 hospitals and other care facilities nationwide1. Every day, we live our core values integrity, compassion, relationships, innovation and performance. FORTUNE may receive compensation for some links to products and services on this website. All Rights Reserved. Prior authorization denials should come quickly, as should appeals decisions, Jain says. John Tozzi UnitedHealth Group Inc. will pay departing Chief Executive Officer Dave Wichmann about what he would be entitled to as severance -- two years' salary and bonus -- after his unexpected. UnitedHealth Group Announces Executive Leadership Actions Witty was named CEO of Optum in March 2018 and added the role of president, UnitedHealth Group, in November 2019. But often, it serves as a significant barrier to care and leads to denial or premature termination of coverage for things that would otherwise be covered under traditional Medicare.. Very few Medicare Advantage beneficiaries whose prior authorization requests are denied bother to appealjust 11%, according to the Kaiser Family Foundation. From April 2020 to December 2020, Witty took an unpaid leave of absence from his company positions to serve as a Global Envoy for the World Health Organizations COVID-19 efforts. in Accounting from the University of Minnesota, Carlson School of Management and holds an inactive CPA certificate. We serve millions of people from their earliest years through their working lives and through retirement. . I think it will go a significant way toward trying to address some, if not all, of the problems were currently seeing with prior authorization, says Lipschutz. including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Paul is responsible for providing strategic direction, developing and sponsoring financial objectives, and ensuring established financial targets are achieved for the business segment. Thompson, who's been with the Minnetonka. UnitedHealth Group also includes Optum , a business that delivers care aided by technology and data, empowering people, partners and providers with the guidance and tools they need to achieve better health. Photographer: SeongJoon Cho/Bloomberg, UnitedHealth profits fell nearly 40% in the fourth quarter. Tim Spilker is the chief executive officer of UnitedHealthcare Community & State. Prior to leading government programs, Brian served as chief executive officer of the Medicare & Retirement organization. That indicates, I think, in many peoples minds that the plans are being too restrictive on the front end, says Lipschutz. Catherine is the Senior Vice President of Policy & Strategy at UnitedHealthcare Community & State and is responsible for shaping the policy agenda, along with positioning UnitedHealthcare as the preeminent thought leader in state and federal health and social programs. They are grounded in our values and serve our greater purpose each day, empowering the organization to help create a better health experience for everyone. Visit UHCCommunityPlan.com. Thad Johnson is chief legal officer of UnitedHealthcare and head of external affairs for UnitedHealth Group. He also leads our social determinants of health platform and capabilities. Chief Executive Officer (UnitedHealthcare Community & State) Email. In 2005 and 2006, he served as chief financial officer for the Medicare Advantage business, where he had oversight of financial planning, underwriting and operations. Krista joined UnitedHealth Group in 2009 and has held a variety of leadership roles within the company in strategy, experience, innovation, product development and growth. UnitedHealth Group Inc., CEO Total compensation: $52,098,104 for the year ended Dec. 31, 2019 Salary: $1,384,615 Nonequity incentive pay: $4,500,000 Other compensation: $201,993 Exercised stock. In John Rex we have an industry-leading executive with a demonstrated track record in strategy, business development and finance whose acumen will help guide the continued, sustainable growth of our company, said Witty. Many physicians and hospitals are mad about MA prior authorization policies, too, Schwarz adds. Meet Our Leadership Team | Optum Brian Thompson named CEO of UnitedHealthcare | Healthcare Dive Witty only recently returned to UnitedHealth after a stint helping the World Health Organization develop vaccines against Covid-19. Snap CEO Evan Spiegel wiped out over $10 million in student loans for an entire graduating class. Before being named CEO of Community & State, Tim served as CEO of the East Region, where he was responsible for the organizations Medicaid business strategy and operations in 12 eastern markets. Mary oversees all operations in UnitedHealthcares Employer & Individual Global markets. Thad joined UnitedHealth Group in 2000 as an associate general counsel and assistant secretary supporting corporate development, treasury and finance. Prior to her roles at UnitedHealthcare, she worked in actuarial consulting for over 15 years. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. Here's how to do it, Decades ago, Minnesota tried to make mental health care access easier. Prior to joining UnitedHealth Group, Brian was a practicing CPA at PricewaterhouseCoopers LLP, serving as a manager in the Transaction Advisory Services group of the Audit practice. Dirks unparalleled operational track record is grounded in his deep engagement with and understanding of the people of the organization and the needs of customers and consumers, and I am grateful he will be helping drive the enterprise forward. Kate received her Masters of Public Administration from the University of North Dakota and her bachelors degree from the University of Minnesota Morris. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. We are committed to charting a more sustainable path forward, helping to build a modern, high-performing health system that improves access, affordability, outcomes and experiences for the people who depend on it. This role also supports UHCs financial objectives and accurately monitors and reports progress to the executive team. Lana Kats - Executive Director - United Healthcare | ZoomInfo The growth expanded UnitedHealthcare's nation-leading share of the lucrative Medicare insurance market. Andrew Witty - UnitedHealth Group UnitedHealth Group Feb 2021 - Present2 years 3 months Chief Executive Officer UnitedHealthcare 2019 - Apr 20212 years President and Chief Operating Officer Optum 2017 - 20192 years Executive. He joined the company in 2012 as executive vice president and CFO of Optum. Mary Murley is chief executive officer of UnitedHealthcare Employer & Individual Global. Kristas priority is improving the experience for clients, consumers, providers and employees. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. For several years, Thompson ran the Medicare business for the division. Cornell still received $34.2 million in payment from salary, bonuses and cashing in stock. There has been a lot ofnegative media coverage from STAT and the Kaiser Family Foundation on issues with prior authorization. UnitedHealth names new CEO for UnitedHealthcare, its core insurance Tim took on the role of CEO for the East Region at Community & State in August 2016. In this role, Jennifer serves as an advisor and counselor on national strategy and growth initiatives as well as legal and regulatory issues. The information shown here is a reporting of information included in the company's proxy statement. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. Want the latest news about UnitedHealthcare? UnitedHealth Group Print or download Board N-1 CEO & Director Andrew Witty CEO @ Optum Move Chairman of the Board Stephen Hemsley Move Director Timothy Flynn Move Director Paul Garcia Move Director Kristen Gil Move Director Michele Hooper Move Director William McNabb Move Director Valerie Montgomery Rice Move Director John Noseworthy Move CFO Heather Cianfrocco will become chief executive of the PBM, which is called OptumRx. Meet the people who are guiding us on our mission to help people live healthier lives and help make the health system work better for everyone. UnitedHealth Group CEO And Leadership: Executives and Demographics - Zippia McMahon has served as CEO of UnitedHealthcare since June 2019. UnitedHealth Group Reports First Quarter 2023 Financial Results. You may also find the annual proxy statement by going directly to the company's website. He will rejoin the UnitedHealth Group Board of Directors and becomes CEO immediately, with Wichmann continuing in a transition period through March 2021. Connect with nationally recognized specialists from the comfort of your home for an expert second opinion. Chief Executive Officer UnitedHealth Group About Andrew Witty Andrew Witty was named chief executive officer of UnitedHealth Group in February 2021. CEO of UnitedHealthcare in Georgia. Home [www.uhcfeds.com] It doesnt do any good for everyone to think the [insurance] company is evil.. Prior to joining UnitedHealth and Optum, Witty was CEO and a director of GSK from 2008 until 2017, having joined the global drug and vaccine giant in 1985. In some cases, Lipschutz noted, we have seen plans give nonsensical reasons or justifications for turning down coverage., The 2022 HHS Inspector Generals report said: These denials can delay or prevent beneficiary access to medically necessary care; lead beneficiaries to pay out of pocket for services that are covered by Medicare, or create an administrative burden for beneficiaries or their providers who choose to appeal the denial., The denials, the Inspector General noted, may be particularly harmful for beneficiaries who cannot afford to pay for services directly and for critically ill beneficiaries who may suffer negative health consequences from delayed or denied care., Four years earlier, another HHS Inspector General report found widespread and persistent problems related to denials of care and payment in Medicare Advantage plans.. A year later, 3 grads CA Notice at Collection and Privacy Notice, Do Not Sell/Share My Personal Information. Prior to this role, Jennifer served on the affirmative litigation and clinical legal teams at UnitedHealthcare. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. UnitedHealthcare brings together the talents of more than 125,000 employees and they are at the heart of everything we do. Michael Lawton - Florida Health Plan, Chief Executive Officer Org Chart UnitedHealth Group - The Official Board Send this article to anyone, no subscription is necessary to view it, Minneapolis toddler's death triggers fresh concerns about child protection, Fate of largest Minnesota mall outside metro unknown; owner in default of loan, BBB warns of timeshare scams, and Minnesotans could be vulnerable, What's for lunch? In 2021, it was as high as 12% for CVS Healths Aetna and Kaiser Permanente plans and as low as 3% for Anthem plans. Chief Executive Officer Optum Health More Joy Fitzgerald Senior Vice President, Chief Diversity, Equity & Inclusion Officer UnitedHealth Group More Dame Vivian Hunt Chief Innovation Officer Optum More Patricia L. Lewis Executive Vice President, Sources: FactSet, Dow Jones, Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. The charts on this page feature a breakdown of the total annual pay for the top executives at UNITEDHEALTH GROUP INC as reported in their proxy statements. Craig Anderson serves as the Regional President of National Network Strategy for UnitedHealthcare Community & State. Thorough reviews have been conducted to assure this data accurately reflects disclosures. Leadership | UnitedHealthcare Community & State National Leadership Local Leadership Contributing Authors Leadership Our leaders are dedicated to solutions that strengthen physical, social and economic health. In this role, hes responsible for driving growth across the commercial, Medicare and Medicaid businesses by leading innovation, strategy and business planning and development in alignment with UnitedHealthcares priorities and enterprise goals. Russia launched its second large salvo of missiles at Ukraine in recent days early Monday, damaging buildings and wounding at least 34 people in the eastern city of Pavlohrad but failing to hit Kyiv, officials said. As a physician executive in both provider and payer organization, Dr. Docimo has experience in using clinical and claims data to design and implement population health programs to improve clinical and financial outcomes. Prior to that, Rex was a leading equity research analyst, served as a strategy and operational consultant, and practiced as a certified public accountant across several health care sectors. Opinions expressed by Forbes Contributors are their own. Jeff currently serves on the board of Second Harvest Heartland, and previously served as a director and board chair of Free Arts Minnesota. In this role, he had financial and strategic oversight of the businesss diverse portfolio of health plans, ranging from traditional fully insured and self-funded plans to the full scope of ancillary and voluntary benefits. Leadership | UnitedHealthcare Community & State The median pay of UnitedHealth's 333,499 employees in 2021 was $61,379, up from $55,696 in 2020. In addition to her career at UHC, Vicki has served on the American Lung Association North Florida Advisory Board and was prior President of the Board. Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. Will the new prior authorization rules and policies have a notable impact on the number of Medicare Advantage members prevented from receiving the urgent medical care they need? In 2021, 2 million MA prior authorization determinations were denied, according to a February 2023 Kaiser Family Foundation (KFF) analysis. McMahon has served as CEO of UnitedHealthcare since June 2019. Prior to her corporate roles, Kirsten was senior vice president at two global public relations firms, Ketchum and GCI Group, where she counseled a wide range of clients in the health care sector. Together with my partners Dirk McMahon and John Rex, we have the right strategy, and tremendous people and capabilities throughout the organization to continue strengthening our efforts to improve the health system for everyone. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. Witty's pay last year . Previously, Krista was chief growth and experience officer for UnitedHealthcare, where she led strategy and growth across all four lines of business commercial, Medicare, Medicaid and global and accelerated the companys focus on key stakeholders. In this role, Krista oversees more than 30,000 operations employees and leaders across multiple business areas at UnitedHealthcare. Often, it involves whether someone in the hospital can be moved to a rehab facility for treatment. Prior to this role, McMahon was president and chief operating officer, Optum, with responsibility for driving Optum's enterprise performance overall and directly overseeing Optum Insight, Optum Technology, Operations, Optum Administration and business and corporate strategy. Tim has worked in a variety of industries, including consumer products, community development banking and nonprofit organizations. Board of Directors in UNITEDHEALTH GROUP INC. Change value during other periods is calculated as the difference between the last trade and the most recent settle. We do this as we help deliver simple experiences and focus on our goal of improving access to quality care at an affordable cost for all. As executive vice president and CFO of UnitedHealth Group since June 2016, Rex has an expansive operating, growth and finance portfolio. Jennifer Dukart leads the Legal team at UnitedHealthcare Community & State. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. February 04, 2021 We are dedicated to being champions of better health for all, including those who are underserved or overlooked in our communities. The insurers are also trying to streamline the processes for getting answers to both the medical requests and appeals after denials. With your UHC FEHBP plan you can be confident about your health care decisions with 2nd.MD. As we have come to know firsthand during his time at UnitedHealth Group, Andrew Witty combines an extraordinary breadth and depth of health care experience, sophisticated strategic thinking and outstanding leadership development skills, making him uniquely well-positioned to help the company take the next steps on its steady path to grow and deliver for its shareholders and the customers and people we are privileged to serve, said Stephen J. Hemsley, chairman of the UnitedHealth Group Board of Directors.