SCA Health, Optum's solid start to 2023: 4 updates

Here are four updates on Optum and its Deerfield, Ill.-based affiliate, SCA Health.

  1. SCA Health now has more than 320 centers and more than 9,200 physicians nationwide, up from 8,500 physicians and 260 surgical facilities in 2021. The group now also includes PE Gi Solutions as its gastroenterology-focused ASC business.
  1. Optum reported big financial gains last year and drove a 17 percent increase in Optum's overall revenue. Optum reported $47.9 billion revenue for the fourth quarter of 2022 and $182.8 billion for the full year. Optum Health's revenue hit $18.4 billion revenue in the fourth quarter and $71.1 billion for the full year, a 31.6 percent increase over 2021.
  1. Optum took over revenue cycle management and information technology operations of Owensboro (Ky.) Health. The agreement to take over the health system's operations will result in 575 of the healthcare system's employees moving to Optum in April.
  1. Brewer, Maine-based Northern Light Health is working to transfer 1,400 of its employees to Optum. The office-based employees — including those in revenue cycle management, information systems, inpatient care management, analytics, project management and supply chain roles — will keep their jobs, although they will now be employees of Optum.

 

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Webinars

Featured Whitepapers

Featured Podcast