UnitedHealth Group’s Optum IT-based health services unit has sued former VP David Smith, claiming that he misappropriated trade secrets before leaving to join a new healthcare venture supported by Amazon. Smith’s lawyers are seeking to move the case to arbitration. The complaint, filed Jan. 16 in U.S. District Court in Massachusetts, accuses Smith of printing out […]
Optum CEO Renfro steps down to lead expanded investment fund
In a major personnel shift, UnitedHealth Group (NYSE:UNH) announced this week that Larry Renfro, CEO of its subsidiary Optum, will step away from the corner office to become managing partner of Optum Ventures and its expanded $600 million investment fund. Ex-GlaxoSmithKline (NYSE:GSK) chief executive, Andrew Witty, will take Renfro’s place as CEO of Optum on […]
Mediware taps ex-Optum exec Miller for CEO | Personnel Moves July 28, 2017
Healthcare tech group Mediware Information Systems said it tapped former United-Health Group subsidiary OptumInsight chief exec Bill Miller as its new CEO, replacing Kelly Mann, who has served in the corner office since 2007. Mediware said that Miller will work with the Lenexa, Kansas-based company’s management to “build and accelerate the company’s platform” to expand […]
Medtronic issues update on debt financing before Covidien merger | Medtech Wall Street news for the week of October 27, 2014
Alere to sell Alere Health unit to Optum for $600m
Alere agreed to sell Alere Health, its health-management unit, to health-services provider Optum for $600 million in cash in order to focus on its core rapid diagnostics business.
Boston Scientific seeks heart failure innovation in partnership with Optum Labs
Optum and Mayo Clinic look to improve patient care
Optum and Mayo Clinic started a new joint venture, Optum Labs, aiming to improve the quality of long- term patient care.
Both parties will provide information assets, technologies, knowledge tools and scientific expertise to related organizations to solve patient care challenges, according to a press release.
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