UnitedHealth Group made $287B last year — and is aiming even higher in 2022
UnitedHealth Group announced 2021 revenue of $287.6 billion Wednesday — while promising an even even larger windfall in 2022.
The Minnetonka-based health care giant said that figure was 11.8% higher than in 2020, when revenue hit $257.1 billion. The corporation’s Optum business – a pharmacy benefits management company – represented a significant chunk of that total, with revenues of $155.6 billion last year.
Overall, UnitedHealth Group reported operating earnings of $24 billion.
The company, already the largest health insurance provider in the U.S., has its sights set even higher for 2022, reiterating it expects to have revenues of $317 billion to $320 billion in the year to come.
“Our strong 2021 performance and confident growth outlook for 2022 and beyond reflect the accelerating innovation and expanding capabilities across Optum and UnitedHealthcare,” said Andrew Witty, CEO of UnitedHealth Group, in a statement.