Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  UnitedHealth Group    UNH

UNITEDHEALTH GROUP

(UNH)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

UnitedHealthcare : Awarding $1.1 Million to Northeast Ohio Nonprofits to Help Address Social Determinants of Health

share with twitter share with LinkedIn share with facebook
share via e-mail
0
07/30/2019 | 04:59pm EDT

  • Four organizations receive grants through UnitedHealthcare’s Empowering Health initiative
  • Part of company’s nationwide efforts to redefine access to care through greater investments in social and environmental factors that contribute to people’s well-being
  • Grant continues long-standing commitment by UnitedHealth Group and United Health Foundation in Ohio; $8.5 million has been awarded to not-for-profit organizations delivering health programs to communities in Ohio since 2016

UnitedHealthcare, a UnitedHealth Group (NYSE: UNH) company, is awarding $1.1 million in grants to four statewide and Cleveland-area community-based organizations to expand their services that address key social determinants of health, and improve care access and health outcomes.

These grants continue the company’s long-standing commitment to Ohio by UnitedHealth Group and the United Health Foundation. Since 2016, $8.5 million has been awarded to not-for-profit organizations delivering health programs to communities in Ohio.

The grants will support a range of critical needs in northeast Ohio, including transportation services; access to fresh and healthy food; reduction of social isolation and feelings of loneliness; and access to vision screenings, comprehensive eye exams and glasses.

UnitedHealthcare is working with the organizations as part of its Empowering Health initiative that focuses on expanding access to care and addressing the social determinants of health for people in underserved communities. Nearly 80 percent1 of what influences a person’s health relates to nonmedical issues, such as food, housing, transportation and the financial means to pay for basic daily needs. Yet the health care system today directs much of its financial resources to treating illnesses rather than addressing these underlying social needs – which ultimately creates the need for more medical care.

Grant recipients include:

  • Ohio Association of Foodbanks - $500,000 to fund new and leased refrigerated trucks, refrigerators and freezers at food banks and food pantries across the state, and resources for safely handling and effectively marketing fresh produce.
  • East End Neighborhood House - $260,000 to address transportation barriers and social isolation for youth and seniors in Cleveland’s Greater Buckeye neighborhood by funding two 15-passenger vans and on-demand ride services through Uber Health.
  • Helen Keller International - $250,000 to provide school- and community-based vision screenings, comprehensive eye exams and glasses to low-income children and adults in northeast Ohio.
  • Senior Citizen Resources - $95,000 to fund two vans to replace outdated vehicles and to expand access to transportation services for northeast Ohio seniors.

UnitedHealthcare will help link the four nonprofits to one another so they can better leverage their efforts, creating an interconnected system of clinical and social services capable of producing better outcomes for local residents.

According to the most recent America’s Health Rankings by the United Health Foundation, Ohio ranked 40th when analyzing a comprehensive set of behaviors, community and environmental conditions, policies, clinical care and outcomes data.

“For many people, living a healthy lifestyle goes beyond a visit to their doctor and involves a full range of social factors,” said Tracy Davidson, vice president of quality & population health strategy, UnitedHealthcare Community & State. “It’s difficult for people to improve their health if they can’t feed their families, lack access to reliable transportation or feel isolated. Through our Empowering Health initiative, we are delivering innovative ways to make a real impact on people’s health and well-being, especially for the uninsured or underserved.”

In addition to UnitedHealthcare’s support in Ohio, the company has launched similar community initiatives and public-private collaborations nationwide. It has invested more than $400 million in affordable-housing communities, partnered with food banks, meal-delivery and transportation services, and recently joined with the American Medical Association to standardize how social determinant data is collected and used to create more holistic care plans.

UnitedHealth Group employs 4,000 people in Ohio and serves the health care needs of nearly 2 million people statewide.

1 Robert Wood Johnson Foundation’s County Health Rankings Model, 2014.

About UnitedHealthcare
UnitedHealthcare is dedicated to helping people live healthier lives and making the health system work better for everyone by simplifying the health care experience, meeting consumer health and wellness needs, and sustaining trusted relationships with care providers. In the United States, UnitedHealthcare offers the full spectrum of health benefit programs for individuals, employers, and Medicare and Medicaid beneficiaries, and contracts directly with over 1.3 million physicians and care professionals, and more than 6,000 hospitals and other care facilities nationwide. The company also provides health benefits and delivers care to people through owned and operated health care facilities in South America. UnitedHealthcare is one of the businesses of UnitedHealth Group (NYSE: UNH), a diversified health care company. For more information, visit UnitedHealthcare at www.uhc.com or follow @UHC on Twitter.

Click here to subscribe to Mobile Alerts for UnitedHealth Group.


© Business Wire 2019
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on UNITEDHEALTH GROUP
09/20UNITEDHEALTH GROUP : Schedules Third Quarter 2019 Earnings Release and Conferenc..
BU
09/19UNITEDHEALTHCARE : to Offer New Medicare Advantage Plan Featuring Canopy Health ..
BU
09/17UNITEDHEALTH : America's Health Rankings Health of Women and Children Report Sho..
BU
09/16UNITEDHEALTH GROUP : Named to Dow Jones Sustainability North America and World I..
BU
09/13UNITEDHEALTH GROUP : Ex-dividend day for
FA
09/10UNITEDHEALTH : Top Health and Aging Organizations Kick Off National Medicare Edu..
BU
09/09UNITEDHEALTH : Reducing Specialty Drug Costs
PU
09/03UNITEDHEALTH : Thinking about trading options or stock in Citigroup, Home Depot,..
PR
08/30UNITEDHEALTH : Improving Access to Behavioral Health Care
PU
08/29UNITED HEALTH FOUNDATION : and The Health Wagon Announce $1 Million Multiyear Pa..
BU
More news
Financials (USD)
Sales 2019 242 B
EBIT 2019 19 408 M
Net income 2019 13 635 M
Debt 2019 26 015 M
Yield 2019 1,78%
P/E ratio 2019 16,5x
P/E ratio 2020 14,6x
EV / Sales2019 1,02x
EV / Sales2020 0,93x
Capitalization 221 B
Chart UNITEDHEALTH GROUP
Duration : Period :
UnitedHealth Group Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends UNITEDHEALTH GROUP
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 27
Average target price 292,96  $
Last Close Price 232,89  $
Spread / Highest target 41,7%
Spread / Average Target 25,8%
Spread / Lowest Target 5,20%
EPS Revisions
Managers
NameTitle
David Scott Wichmann Chief Executive Officer & Director
Stephen J. Hemsley Executive Chairman
John Franklin Rex Chief Financial Officer
Richard J. Migliori Chief Medical Officer & EVP-Medical Affairs
Richard T. Burke Non-Executive Chairman
Sector and Competitors
1st jan.Capitalization (M$)
UNITEDHEALTH GROUP-6.53%220 705
ANTHEM INC-4.01%64 489
CIGNA CORP-15.03%60 939
HUMANA-3.21%37 458
CENTENE CORPORATION-19.53%19 187
WELLCARE HEALTH PLANS14.32%13 579