“By the end of this year, Optum Health will grow to serve at least another 750,000 patients, under such arrangements, for a total of more than twice the number of people we served just two years ago.”

In context

“vestor Conference just six weeks ago, I'll take only a few minutes this morning to recap what you should expect from us this year, starting with our work in value-based care. Value-based care for us is a proven way of overcoming many of the widely recognized shortcomings of a fee-for-service-based health system such as fragmented consumer experiences and incentives, that can emphasize volume over quality. Our value-based offerings empower physicians to provide more connected, coordinated and comprehensive care, align incentives among consumers, care providers, and health plans, deliver better health outcomes, and improve costs. At the end of 2023, Optum Health served more than 4 million patients in fully accountable value-based arrangements in partnership with many dozens of health plans. By the end of this year, Optum Health will grow to serve at least another 750,000 patients, under such arrangements, for a total of more than twice the number of people we served just two years ago. Yet, even with the strong growth and significant investments we've made, our market presence is still quite modest and the opportunity expansive. 4 million patients served, just a small fraction of the many more people whose health ultimately will benefit from these models of care. And the total Optum Health revenue base, which today represents only 2% of the $5 trillion U.S. Healthcare System spend. We have a considerable distance to go, to achieve the broad positive system-wide impact for people's health we believe we can help drive. Turning to our consumer focus, we're working hard to help consumers more easily find experience and pay for healthcare, and that includes using their health benefits. One example of our progress can be seen in the results of UnitedHealthcare's commercial be”