UnitedHealthcare has appointed Tim Noel as its new CEO following the targeted killing of former CEO Brian Thompson in Manhattan. Noel, who joined the company in 2007, was previously the head of Medicare and retirement at UnitedHealthcare, the largest private health insurer in the U.S. The company, part of UnitedHealth Group, boasts a market cap of over $480 billion. Amidst this transition, UnitedHealth Group reported a 2024 revenue increase of 8%, reaching $400.3 billion, with expectations to climb to between $450 billion and $455 billion this year. The Medicare and retirement unit, under Noel’s leadership, serves nearly 13.7 million patients, representing one-fifth of Medicare beneficiaries. The industry has seen a surge in medical costs from Medicare Advantage patients, as more seniors return to hospitals for procedures delayed during the Covid-19 pandemic.
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional
Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
