OptumHealth now serves 99 million patients, Q2 revenue up 46%

Optum delivered a strong financial performance in the second quarter, driven by growth across all divisions, it reported July 15.

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Four notes:

1. OptumHealth, which includes ASC chain Surgical Care Affiliates, reported $13.3 billion in quarterly revenue, up 46 percent from $9.1 billion during the second quarter of 2020. For the six month’s end June 30, OptumHealth reported $25.7 billion in revenue.

2. OptumHealth said revenue per customer jumped 43 percent year over year. The division served 99 million by the end of the quarter, up 2 million from the same period last year.

3. The company executed its plan to boost the number of members in value-based care arrangements and added affiliated physicians and outpatient services as well.

4. Overall, Optum’s quarterly revenues were $38.3 billion, up 17.2 percent, and earnings from operations hit $2.9 billion. Its operating margin was 7.5 percent on June 30.

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

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Is ambulatory care healthcare’s big margin engine? 4 leaders weigh in

Wednesday, July 29
1:00 PM - 2:00 PM CDT

Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

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