Health Companies Race to Catch UnitedHealth as Amazon Laces Up
Posted on Wednesday, November 15, 2017 2:41 PM
As rumors of a merger between Aetna and CVS Health came to fruition last week, everyone seems to be concerned with a new threat, Amazon. But they have all have bigger competition according to industry experts and that’s UnitedHealth Group.
““People have gotten carried away with Amazon,” said Ana Gupte, a health care analyst at Leerink Partners. “CVS and Aetna is an Optum wannabe. UnitedHealth is the winning business model, and Optum is showing the way.”
UnitedHealth’s expansion into dispensing prescription drugs and treating patients has put the company on track to reach $200 billion in annual revenue this year and profits for the first nine months of 2017 already topped $7 billion.”
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