UnitedHealth Group said its 2020 revenues will surpass $260
billion next year as the company prepares to unveil its
business strategy Tuesday.
Already the nation’s largest health insurance
company, UnitedHealth Group is poised to grow its top line by about 9%.
UnitedHealth operates commercial, Medicaid and Medicare Advantage plans via its
UnitedHealthcare health insurance unit and is also expanding its medical care
provider business across the country under its fast-growing Optum unit.
Offering a sneak preview to its investor day
Tuesday in New York, UnitedHealth said Monday evening its 2020 outlook will
include “revenues of $260 billion to $262 billion, net earnings of $15.45 to
$15.75 per share, and adjusted net earnings of $16.25 to $16.55 per share.”
Cash flows from operations are expected to
range from $19.0 billion to $19.5 billion in 2020,” the company said Monday.
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