Unitedhealth Group

In: Social Issues

Submitted By josemwa
Words 6099
Pages 25
UnitedHealth Group
Name of Student
Institutional Affiliations

UnitedHealth Group
The UnitedHealth Group is a company that offers diversified health care management services. It is based in Minnesota in the United States of America. It is located at Minnetonka (UnitedHealth Group, 1974). It is ranked the 14th on the Fortune 500 List of the best companies and business enterprises in the world. UnitedHealth Group has two companies that offer their services and products to the consumers. The two business entities are Optum and UnitedHealthcare. It has approximated that it serves over 70 million people in the United States of America.
This paper discusses the company in various dimensions. Firstly, the history of its strategic evolution is presented. The important development highlights the various changes that have been done on the company since its introduction. The changes include the introduction of new services, products, and business branches. Notably, these changes are responsible for the success that the company has registered in the few past decades. The SWOT Analysis, Environmental Assessment, Financial Assessment, and Strategic Issues that the organization faces are also discussed. The paper concludes the evaluation of the company by recommending some strategies that could be used to improve the performance of UnitedHealth Group. These recommendations aim at improving the quality and quantity of production, profitability, as well as reducing customer complaints and enhancing customer relations.
Strategic Evolution (History)
The initial idea of the introduction of the organization was drafted by a group of physicians in 1974. They founded the Charter Med Incorporated with the aim of expanding the options available for the coverage of health care services for consumers (UnitedHealth Group, 1974). They established the Charter with the assistance of other health…...

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