How UnitedHealth Became an American Goliath
January 3, 2025

(Wall Street Journal) – From a humble base, it gobbled up big chunks of the U.S. health system, including doctor practices, pharmacy-benefits managers and medical billing services
UnitedHealth recorded $372 billion in revenue last year—making it about the same size as Apple. It owns the biggest U.S. health insurer, and has expanded into almost every corner of the medical field.
The company was founded in Minnesota in the 1970s. Its growth came in part through scores of acquisitions, some with price tags that were never made public. The company has confronted and mostly overcome antitrust challenges to its influence over healthcare markets. (Read More)