Optum CEO Andrew Witty was promoted to UnitedHealth Group president on Nov. 12 and will retain his responsibilities with Optum.
He was appointed CEO of Optum in March 2018 and has led the company to several strategic partnerships. "Optum has made remarkable progress under Andrew's leadership over the past 18 months, clarifying and focusing its strategy, and driving key priorities to advance Optum's position as a leader in healthcare services," said UnitedHealth Group CEO David Wichmann.
With his new responsibilities, Mr. Witty will oversee the enterprise business strategy formation as well as business development and partnerships.
During his time at Optum, the company partnered with John Muir Health in Walnut Creek, Calif., to manage the nonclinical functions of the hospital, including IT and revenue cycle. It also completed the $4.3 billion acquisition of DaVita Medical Group and invested $16 million in San Jose, Calif.-based startup Health[at]Scale, a machine learning solution for precision medicine.
For the third quarter, Optum reported $28.8 billion in revenue, up 13.3 percent from the same period last year. OptumHealth revenue was up 34.4 percent to $8.1 billion, largely due to the expansion of behavioral health services.