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Optum revenues climb 11.7% year-over-year — 11 insights

Minnetonka, Minn.-based UnitedHealth Group reported strong first-quarter growth, with Eden Prairie, Minn.-based Optum revenues hitting $26.4 billion.

Five insights on Optum's performance:

1. Optum revenues grew 11.7 percent year-over-year, up by $2.8 billion.

2. Optum's first-quarter 2019 earnings from operations hit $1.9 billion, a 13.6 percent increase over first-quarter 2018 earnings.

3. OptumHealth revenues reached $6.7 billion in the quarter. Its care delivery, behavioral health and health financial services drove the $1 billion revenue increase.

4. OptumHealth served about 93 million people as of March 31, up 2 million people from the first quarter of 2018.

5. Growth in value-based care arrangements and overall business mix spurred a 14 percent increase in OptumHealth's average revenue intensity per consumer.

Six insights on UnitedHealth Group's performance:

1. UnitedHealth Group's first-quarter 2019 revenues grew by $5.1 billion — 9.3 percent year-over-year — to $60.3 billion. UnitedHealthcare Medicare & Retirement, OptumRx and OptumHealth drove the growth.

2. UnitedHealth Group's first-quarter 2019 earnings from operations reached $4.8 billion, up 19.2 percent year over year.

3, Top-line growth and net margin expansion led to a 22.7 percent increase in UnitedHealth Group's adjusted net earnings.

4. For UnitedHealthcare, first-quarter 2019 revenues increased by $3.4 billion, or 7.6 percent, to $48.9 billion.

5. UnitedHealthcare added more than 880,000 customers to its network in the past year, which helped its earnings from operations increase by 23.1 percent year over year to reach $3 billion.

6. UnitedHealthcare's operating margin for the quarter was 6 percent, up from 5.3 percent in the first quarter of 2018.

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