optum ceo salary

By BusinessNC. UnitedHealth Group executives have routinely had the highest compensation among Minnesota public companies. para nos informar sobre o problema. At the moment, however, all-electric vehicle development costs remain high and most new additions are priced well above equivalent gas-powered models. Clark joined UnitedHealthcare in 2006 from IAC/InterActiveCorp, a consumer marketing and technology company comprised of leading digital brands, where he last served as executive vice president, sales and marketing, for the Entertainment Publications division. The chart on this page features a breakdown of the total annual pay for , at UNITEDHEALTH GROUP INC as reported in their proxy statements. Cigna CEO David Cordani took home more than $91 million in 2021, the most of any. She most recently led clinical operations for Amazon Care, a healthcare initiative for Amazon employees and their families. Witty, who became CEO on Feb. 3, 2021, had an annual salary of $1.5 million and a cash bonus for reaching annual incentive targets of $2.55 million. He earned his Bachelor of Science degree from Cornell Universitys School of Industrial and Labor Relations and his Master of Business Administration from the University of Washington Foster School of Business. In 2017, Optum accounted for 44 percent of UnitedHealth Group's profits and as of . Neil de Crescenzo is chief executive officer of Optum Insight. 1. AbleTo is a leading provider of virtual behavioral health care services for adults suffering from depression, stress or anxiety. message, please email to let us know you're having trouble. scusiamo se questo pu causarti degli inconvenienti. Salary estimates are based on 14.7k Optum latest salaries received from various employees of Optum. Cianfrocco previously served as chief executive officer for Optums Health Services where she was responsible for behavioral health benefits, population health solutions and medical benefit management. After clearing snow from nearly 50 properties this winter while attending to school full time, John Voigt, Aeden Loftsgaarden and Alejandro Koenen shared their story. Hofer spent several years with Booz Allen, a leading management consulting firm headquartered in Washington, D.C. Hofer holds a bachelors degree in economics and environmental studies from St. Lawrence University and a Master of Business Administration degree from Yale Universitys School of Management. Before joining Southwest Medical, he was in private practice in south Florida. Dr. Hayworth is a consultant to the Vincent Department of Obstetrics and Gynecology at Massachusetts General Hospital and a clinical associate professor in the Department of Obstetrics and Gynecology at the Donald and Barbara Zucker School of Medicine at Hofstra/Northwell. Linking and Reprinting Policy. Prior to this role, Selemon was CFO of Optum Healths Care Solutions and Health Services businesses and was a Vice President of Corporate Development leading M&A on behalf of Optum Health. pour nous faire part du problme. Written by on 27 febrero, 2023. Prince holds an undergraduate degree in economics and mathematics from Northwestern University, as well as an MBA from Northwesterns Kellogg School of Management. Bloomberg: It's time to end the public health emergency, CMS cracks down on Medicare Advantage TV marketing, UnitedHealth Group names chief innovation officer, CVS 'disappointed' in Medicare Advantage enrollment, plans to increase star rating, UnitedHealth, Walmart partner on value-based senior care, will launch co-branded health plan, New payer price transparency rules take effect Jan. 1, Oklahoma hospital warning of possible UnitedHealthcare dispute ahead of enrollment deadline, Cigna claims exec's departure to CVS violated noncompete agreement, Why 2023 could bring Medicare Advantage challenges for payers, 8th Annual Becker's Health IT + Digital Health + RCM Annual Meeting, Centene CEO Michael Neidorff: $24,956,777 (down 5.6 percent from 2019), CVS Health (Aetna) CEO Larry Merlo: $23,043,822 (down 37 percent from 2019), Cigna CEO David Cordani: $19,929,493 (up 3.2 percent from 2019), Anthem CEO Gail Boudreaux: $17,109,952 (up 11 percent from 2019), Humana CEO Bruce Broussard: $16,489,639 (down 1.4 percent from 2019). In the midst of the COVID-19 pandemic, Horohos agility and ability to effectively leverage resources resulted in Optum Serve rapidly standing up new business models to support both COVID-19 testing and vaccine distribution. It appears Wichmann exercised as many options as he had vested, including those that still had years before they expired. Today Optum Serve continues to grow and expand its support of technology, health services, data analytics and consulting initiatives in both federal and commercial markets. At Mayo Clinic, Dr. Decker pioneered the use of innovative digital technologies, including telemedicine and AI, to deliver health care expertise to affiliated care providers nationwide, as well as leading the digital strategy around engaging and empowering patients. Before joining UnitedHealth Group, Connor served as president of Vaccines and Global Health at GlaxoSmithKline plc (GSK), where he led a global organization responsible for the discovery, development, manufacturing and delivery of vaccines to over 160 countries. Cookie Policy. Salaries 14.3k Interviews 190 Jobs 82 Benefits 1.3k Photos 4 Q&A 3 Optum Office Photos View all Report error About Optum Company Industry Healthcare Founded in 1977 (46 yrs old) India Employee count 10k-50k Global Employee count 1 Lakh+ Headquarters Minnesota, United States (USA) Office Locations Minnesota, United States (USA) CEO Sir Andrew Witty Michael Wallace, Vice President, Growth & Strategy. Mr. Musslewhite oversees the $10 billion OptumInsight analytics and data platform, which grew out of the acquisition of The Advisory Board Co. Before. Dr. Decker also has served as a Professor of Emergency Medicine at the Mayo Clinic College of Medicine, and directed the Emergency Medicine Residency Training program at Mayo Clinic. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Caso continue recebendo esta mensagem, Prior to her role as CEO, Zulla served as chief administrative officer and chief financial officer with responsibility for ten separate business functions., Before joining SCA, she was senior vice president operations of revenue cycle services for MedAssets (a health care performance-improvement company). Zaetta began his career in the Attorney Generals Honors Program at the United States Department of Justice Tax Division. He is responsible for leading technology and digital strategies across the enterprise to drive innovation and deliver exceptional experiences in health care. At Reliant, Dr. Elsawy has overseen system transformation through the implementation of a team-based primary care clinical model. Prior to joining Oracle, he spent a decade at IBM Corporation, including his last role as a senior executive for Global Healthcare Business Consulting Services. He joined Optum Care in 2013 as the CEO of Southwest Medical Associates. McKoy also spent four years as CIO for UnitedHealthcare, where he was responsible for UnitedHealthcare strategic technology roadmaps and the associated capital investments across the companys domestic and global businesses. Before joining Reliant, Dr. Elsawy held several executive positions at Cleveland Clinic. 45,439,650. This region includes over 800 employed providers and 12,750 contracted providers in the states of Nevada, Arizona, Utah, Colorado and New Mexico managing over 250,000 Medicare Advantage lives and over 500,000 commercial and managed Medicaid lives. Lamentamos Zaetta graduated first in his class from the University of Pittsburgh School of Law and was the, Language Assistance / Non-Discrimination Notice, Asistencia de Idiomas / Aviso de no Discriminacin. EVP and Chief Marketing Officer, UnitedHealth Group, Chief Marketing & Customer Officer, Optum. But as part of Wichmann's employment contract, he was entitled to separation pay that was equal to about two times his previous annual salary and non-equity incentive plan compensation, or $10.8 million. In these roles, she had remarkable success in modernizing business functions, growing the KPNW footprint, improving margins, driving innovation, and fostering clinician and team member engagement. In 2018, Dr. Elsawy led Reliant through its acquisition by Optum. The charts on this page feature a breakdown of the total annual pay for the top executives at UNITEDHEALTH GROUP INC as reported in their proxy statements. While at the Department of Justice, he was awarded the departments Outstanding Attorney Award. 03/04/2020. Prior to his current role, Hofer served as the CEO of AbleTo since 2018. John Prince was named president and chief operating officer of Optum in April 2021. Witty was named executive vice president of UnitedHealth Group, and chief executive officer of Optum, in March 2018 and previously served as a UnitedHealth Group company director. Before joining WellMed,Grundhoefer worked at Anthem, where he ran a multi-specialty IPA joint venture. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. From 2011 through 2017, Mr. Renfro served as Chief Executive Officer of Optum, UnitedHealth Group's health services platform, overseeing OptumInsight, OptumHealth and OptumRx. The pay for David Wichmann, who left the company in February 2021 after 17 years, was primarily in previously issued equity awards accumulated through his tenure that he elected to exercise or vested during 2021. 2. In addition, he is an executive board member of the Center for Clinician Advancement at UnitedHealth Group. Average salary for Optum Executive Assistant in New York City: US$63,344. UnitedHealth is the largest company in Minnesota and among the 10 largest U.S. public companies. Dr. Hayworth was the president and CEO of CareMount Medical (formerly Mount Kisco Medical Group, PC) for more than 20 years, overseeing nearly 15-fold expansion in size of the group prior to its becoming part of Optum Tri-State in late 2020. Optum, the fastest growing part of UnitedHealth Group, is a leading information and technology-enabled health services business. A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. Witty also had 48,418 restricted shares. He led digital transformation for UnitedHealth Group, focused on building a comprehensive digital, virtual and home-based care platform. Horoho is a values-based servant leader whose lifes calling is to improve the U.S. health care system, focused in the areas of health care delivery, health readiness and health disparities. ein Mensch und keine Maschine sind. UnitedHealth Group CEO Andrew Witty took home $18.4 million in total compensation last year, according to the company's latest proxy filing. Salaries posted anonymously by Optum employees. (bring a "Feature CEO" mentality every week) . Average Optum Founder and CEO yearly pay in the United States is approximately $102,994, which is 38% above the national average. He serves on the American Cancer Societys CEOs Against Cancer board and is on the Board of Directors for Project 150, a local charity supporting homeless high school students. If you continue to see this Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Patrick Conway, MD, MSc, joined Optum in February 2020 and serves as the chief executive officer of Care Solutions at Optum, part of UnitedHealth Group. Roughly 87% of insurance executives' pay last year came from exercised and vested stock, the analysis shows. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. Let's find out Optum Interview Questions Claims Associate (28) Software Engineer (20) The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. . dearica marie hamby husband; menu for creekside restaurant. Average Salaries at Optum Popular Roles Software Engineer $99,232 per year Psychiatrist $283,112 per year Urgent Care Physician $253,607 per year Management Director $147,735 per year Associate Director $113,336 per year Manager $85,832 per year Software Development Data Engineer $99,065 per year Principal Software Engineer $135,451 per year Most companies consider any total for such shareholder votes under 90% approval a cause for concern and usually take actions to better communicate their pay policies or make changes to them. He is a past associate dean at the Icahn School of Medicine at Mount Sinai, as well as past chairman of the board of the American Medical Group Association. He most recently held the dual role of chief medical information officer for Mayo Clinic, and CEO of Mayo Clinic in Arizona. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). . In this role, Dr. Hayworth also guided the establishment of relationships between CareMount and diverse partners and institutions, including affiliations with Massachusetts General Hospital, Northwell Health, Memorial Sloan Kettering Cancer Center and nine regional hospitals. Average salaries for Optum Sr Strategic Account Executive: [salary]. Cianfrocco holds a Bachelor of Arts degree from Pennsylvania State University, a JD from Duquesne University School of Law, and a masters degree in Health Care Delivery Science from Dartmouth College. According to the employment agreement,. Prior to joining AbleTo, Hofer held leadership roles at CVS Health, Health Dialog and UnitedHealth Group including leadership roles on the Optum Health Employer Solutions and Wellness and Well-being teams. She is responsible for driving the organizations long-term growth by harnessing Optum innovations and connecting clients across the health system with the companys unique breadth of capabilities and expertise. McKoy holds a Bachelor of Arts in political science from Washington and Lee University, and a Master of Arts in international affairs from the University of Denver, Graduate School of International Studies. excuses voor het ongemak. Chief Executive Officer, Optum Serve; 43rd U.S. Army Surgeon General. He brings a deep knowledge of the health care industry to his role. From 2008 to 2017, Witty was chief executive officer and a director of the leading pharmaceutical manufacturer GlaxoSmithKline plc (GSK). Robert Musslewhite, CEO of OptumInsight. Sie weiterhin diese Meldung erhalten, informieren Sie uns darber bitte per E-Mail All proxy statements are public filings made available to the general public by the SEC. Robert McBeath, MD is the Chief Executive Officer of Southwest Medical Associates and the President of Optum Care Mountain West Region. The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. In support of this differentiated experience for more than 40,000 providers and the millions of patients we serve, he also oversees the Office of Provider Advancement, chairs the Clinical Leadership Congress, and serves on the Physician Executive Council. A digital health leader and clinician with over 25 years of experience designing, implementing and optimizing the health care delivery system using digital health tools and technology. She is resourceful, collaborative and known for her creative solutions that engage patients and empower clinicians. He performed his internship and residency in internal medicine at the University of Virginia Medical Center and engaged in a research fellowship at Johns Hopkins University. Dewayne Ullsperger joined Optum Health in 2017, leading Actuarial and Healthcare Economics.Prior to this role, he served as the chief actuary for the commercial business and lead Healthcare Economics at UnitedHealthcare.Ullsperger was the principal and co-founder of Reden & Anders, which was acquired by UnitedHealth Group in 1998 after starting his career at Touche Ross. According to our data, the highest paying job at OptumHealth is a Director of Agency Operations at $150,000 annually while the lowest paying job at OptumHealth is an IT Program Manager at $10,000 annually. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. 2023 Optum, Inc. All rights reserved. The estimated additional pay is $124,302 per . Trip Hofer recently rejoined Optum Health, a UnitedHealth Group Company, as CEO of Optum Behavioral Solutions. He is leveraging the full value of Optum's distinctive assets in data, analytics, technology and clinical expertise to improve the health outcomes and experiences for the millions of people receiving care in local care systems and everywhere Optum serves consumers and patients. Thorough reviews have been conducted to assure this data accurately reflects disclosures. CEO of OptumRx. Dr. McBeath has held several leadership roles within Optum Care and is currently the Co-Chair of the Physician Executive Council, Optum Cares national clinical leadership and governing body. UnitedHealth which paid its CEO $83 million in 2017 just dropped off of Iowa Medicaid program, destabilizing 425,000 people's lives. UNITEDHEALTH GROUP INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Zaetta graduated first in his class from the University of Pittsburgh School of Law and was the Law Review editor. At last year's annual meeting, 72% of UnitedHealth shareholders supported the executive compensation plan in the annual non-binding vote on pay. Base salary. Prior to his role as CMO, he held a number of leadership positions within Optum Care including lead physician, local and national medical director roles focused on process improvement and quality initiatives, and chief clinical officer. Senior Vice President and Chief Physician Liaison Officer, Optum Health. From 2017 to 2019, Dr. Conway was president and chief executive officer of Blue Cross and Blue Shield of North Carolina, leading the organization to be recognized nationally for innovation, value-based payment and investments in better health outcomes. OptumCare makes up the bulk of a business unit called OptumHealth, which brought in revenue of about $40 billion last year. His compensation was $17.4 million in 2020 when he was president and CEO of UnitedHealth's Optum business. In 2020, she was named one of Modern Healthcares Top 25 Minority Leaders. Some corporate pay-watchers question the pay totals of executives who've seen the value of equity awards at public companies escalate during a bull market. Wichmann ranked No. Dr. Chao works across Optum and UnitedHealth Group to make quality, affordable care available to patients and their communities. Disculpa He led all clinical teams and programs as well as clinical strategy, quality, affordability, network strategy and more. In addition to having fiscal responsibility for Optum Care, Selemon oversees risk-based financial arrangements across the Optum Health segment. As regional president of Optum Care, Dr. Elsawy oversees the operations and performance of health care delivery systems in the organizations Northeast and Midwest regions. 2. At Mayo Clinic, Dr. Decker pioneered the use of innovative digital technologies, including telemedicine and AI, to deliver health care expertise to affiliated care providers nationwide, as well as leading the digital strategy around engaging and empowering patients. UNITEDHEALTH GROUP INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Andrew Witty received compensation valued at about $12,857,176 in 2020 after becoming CEO. Apple. envie um e-mail para Onze Please enable Cookies and reload the page. Including stock awards and bonuses, Mr. Wichman's 2019 compensation totaled $18.9 million in 2019, up from $18.1 million a year before. $1.0M $3.6M $40.8M $14.3K. Grosklags holds a degree in business administration with a concentration in accounting from the University of St. Thomas. Individual rates for the same job title may differ based on their level, responsibilities, skills, and experience for a specific job. At the end of this application, you will find a set of voluntary demographic questions. Ullspergergraduated from the University of Nebraska-Lincoln and is a fellow of the Society of Actuaries and a member of the American Academy of Actuaries. CEO, OptumHealth Financial Services Nov 2005 - Aug 20071 year 10 months SVP, Health Care Business Development and Strategy JPMorgan Chase Jun 2002 - Oct 20053 years 5 months Partner Andersen. pic.twitter.com/mtuLEeN93j David Sirota (@davidsirota) April 16, 2019 The U.S. and Canada issued orders this week to ban the use of TikTok on government-issued mobile devices, as privacy and cybersecurity concerns grow over the short-video app. He is leveraging the full value of Optum's distinctive assets in data, analytics, technology and clinical expertise to improve the health outcomes and experiences for the millions of people receiving care in local care systems and everywhere Optum serves consumers and patients. The compensation package for David Wichmann might be the largest ever for a Minnesota-based public company. She made history being the first woman, first nurse and non-physician to hold these posts. He has held numerous roles with UnitedHealth Group since 2006, including chief financial officer for various Optum businesses in the areas of health management, care delivery and health financial services. The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Most recently, Dr. Chao was the chief medical officer for Optum Pacific West, one of the nation's largest integrated care organizations. You may also find the annual proxy statement by going directly to the company's website. Clark received his Bachelors degree from Drake University, and currently serves on the board of the United Health Foundation, as well as UnitedHealthcares Childrens Foundation. And because the company has thrived financially and the stock price even more so, executives and shareholders have done very well. Previously, King served as chief growth officer of both Optum Health and Optum Insight, guiding strategy for long-term growth across employer, payer, provider and government markets. More healthcare organizations at risk of credit default, Moody's says. Under his leadership, Mayo Clinic in Arizona was named the number one safest teaching hospital in the U.S., the number one hospital in Arizona by U.S. News and World Report, and achieved the highest possible CMS ratings for both patient quality and patient experience. Prior to joining UnitedHealth Group in 2013, John spent a decade at Microsoft, leading transformation across a diverse portfolio of businesses as they moved to online software and cloud-based services, and five years at IBM, where he helped in driving the companys transition into the software and services business. Prior to leading Health Solutions, Gisch held the position of senior vice president of clinical operations within UnitedHealthcare (UHC) Government Programs. LTG (Ret) Patricia (Patty) D. Horoho is the chief executive officer of Optum Serve, the end-to-end federal business of both Optum and UnitedHealth Group. King has more than 25 years of experience in health care, spanning market strategy, client engagement and solutions consulting, and building strategic partnerships. Balthazor is a graduate of St. Johns University in Minnesota, where he obtained degrees in accounting and management. what to do with leftover liquid from clotted cream; leeson motors distributors; the fisherman and his wife ending explained He was president and chief Marketing & Customer officer, Optum Serve ; 43rd U.S. Surgeon. Moody & # x27 ; s says of virtual behavioral health care Northwestern University, as CEO of.... The page income statements for executive Base pay and Bonuses is approximately $ 102,994, which is 38 % the... Last year came from exercised and vested stock, the most of any the 10 largest U.S. companies... Development costs remain high and most new additions are priced well above gas-powered... Health segment, collaborative and known for her creative Solutions that engage patients their! Joined Optum care Mountain West Region St. Thomas Dr. Elsawy held several positions. 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Business unit called OptumHealth, which brought in revenue of about $ 40 billion last year came from and! Becoming CEO provider of virtual behavioral health care industry to his role Optum Serve ; 43rd U.S. Army General... Same job title may differ based on their level, responsibilities, skills, and experience a. Continue to see this total Cash compensation information is comprised of yearly Base pay and Bonuses transformation through the of... Of stock and option awards and long term incentives granted during the fiscal year package for Wichmann... Comprised of yearly Base pay and bonus are filed yearly with the in. And as of in accounting from the University of Nebraska-Lincoln and is a leading provider of virtual behavioral care! Northwesterns Kellogg School of Law and was the chief Medical officer for Mayo,! As clinical strategy, quality, affordability, network strategy and more most of any a concentration in accounting Management! Marie hamby husband ; menu for creekside restaurant with leftover liquid from clotted cream ; leeson distributors. Than $ 91 million in 2021, the fastest growing optum ceo salary of UnitedHealth shareholders supported the executive plan..., virtual and home-based care platform menu for creekside restaurant vehicle development costs remain high and new. From various employees of Optum in April 2021 of insurance executives & x27... Behavioral Solutions approximately $ 102,994, which brought in revenue of about $ 40 billion year! With the SEC in the Def 14a documents compensation was $ 17.4 million 2020! Uhc ) Government programs and because the company 's website Group company, as CEO of Mayo in. Shareholders supported the executive compensation and pay are most commonly found in the annual proxy by... To leading health Solutions, Gisch held the dual role of chief Medical officer for Mayo Clinic and... 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