August 28, 2016 3:03 PM ET

Health Care Technology

Company Overview of OptumInsight, Inc.

Company Overview

OptumInsight, Inc. develops software and information products and provides advisory consulting service and business process outsourcing to participants in the health care industry. The company serves hospitals, physicians, commercial health plans, government agencies, life sciences companies, and other organizations that comprise the health care system work to reduce costs, meet compliance mandates, improve clinical performance, and adapt to the changing health system landscape. OptumInsight, Inc. serves physicians, hospitals, life sciences, health plans, and government markets. The company was formerly known as Ingenix, Inc. and changed its name to OptumInsight, Inc. in June 2011. The compa...

13625 Technology Drive

Eden Prairie, MN 55344

United States

Founded in 1993





Key Executives for OptumInsight, Inc.

Chief Executive Officer
Executive Vice President
President of Humedica
Age: 54
Senior Vice President of Business Solutions
Principal Architect and Technology Fellow
Compensation as of Fiscal Year 2016.

OptumInsight, Inc. Key Developments

United Healthcare Services and Optuminsight Inc. Agrees to Pay $9.5 Million to Settle a Class Action Complaint Related to Ambulatory Surgery Centers

United Healthcare Services and OptumInsight Inc. agreed to pay $9.5 million to settle a class action complaint alleging that they improperly calculated the reasonable and customary amounts for out of network ambulatory surgery centers resulting in underpayments in the millions of dollars. The parties estimate that there are approximately 250 ambulatory surgery centers that could qualify to participate in the settlement. Assuming that the court preliminarily approves the parties' settlement, notice of the settlement and further instructions outlining how to participate in the settlement process will be sent to all potential class members.

OptumInsight Reports Revenue Results for the Third Quarter Ended September 30, 2014

OptumInsight reported revenue results for the third quarter ended September 30, 2014. For the period, the company reported revenues grew to $1.25 billion, advancing 4% year-over-year. Revenue backlog grew to $7.7 billion at September 30, 2014, with external business up approximately 21% year-over-year, driven by strength in Optum360 revenue management and growth in payer services, partially offset by a reduction in compliance services.

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