CLAIM #58683 · UnitedHealth Group Incorporated (UNH) · 2023Q4 earnings call · Jan 12, 2024 · due Dec 31, 2024
“We're confident in our 7.7% to 8.0% target for 2024.”
Amar Desai · Executive
In context
“ins for 1Q, and then sort of pacing over the course of the year? Thanks. Andrew Witty: Scott, thanks so much for the question. I'm going to ask Dr. Desai to make a couple of comments, and then I'm going to talk about where we've staked out for Optum Health next year. A ton of work done during 2023 to strengthen the business. You saw that beginning to show through as we roll through the second-half. We continue to expect that to be a very strong driver of improvement as we go into 2024. A lot of that work we talked about already today around engagement is a key element of our confidence in being able to build our profile of that business. And Amar, maybe you could go a little deeper, and then John can close out with discussing on the progression. Amar Desai: Thanks for the question, Scott. We're confident in our 7.7% to 8.0% target for 2024. We've discussed engagement in detail. The second important piece is our medical management programs, which we've scaled effectively. I talked a little bit about OptumCare and evidence-based guidelines. What I would reiterate is the work we're doing across our network with payment integrity. Again, with the idea of being able to provide the right support services across our network. The last piece I would also hit on is our initiatives around OpEx, which have been progressing well and are on track, driving operating efficiencies and G&A discipline across the organization. And it really with focus on more consistency in our systems and unification of our operating platform. So we feel very good about the 7.7% to 8.0% as we go into '24. A - Andrew Witty Great. Thanks so much, Amar. John? Joh”
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SEC filings for UNH ↗ · Claim quote is verbatim from the 2023Q4 earnings call.