Business Chief US+CAN Magazine June 2019 | Page 94

TOP 10
94

05

UnitedHealth Group

$ 201bn

With a year of high-profile mergers such as the CVS-Aetna deal happening in the healthcare sector , UnitedHealth Group has made more subtle moves on its way to posting revenues of $ 201bn and $ 10.5bn in profits . Led by CEO David S . Wichmann , UnitedHealth Group deftly acquired profit-drivers such as DaVita Medical Group . DaVita added approximately 300 clinics to a corporate portfolio already boasting a network of 30,000 physicians . Due to its keen deal-making abilities and 260,000-strong employee base , the Minnesota-based company enjoyed a 50.5 % profit increase in 2018 . JUNE 2019