Optum growth continues in Q1; VC unit now has $600M to spend
UnitedHealth Group Inc. now has about $600 million committed to its Optum Ventures unit, which invests in startups, the health care giant said during its first-quarter earnings call Tuesday.
Optum announced late last year it put $250 million into a fund for digital-health startups. It’s added to its portfolio of startups since, backing companies such as lab-kit startup LetsGetChecked.
During a conference call with analysts, UnitedHealth CEO David Wichmann said Optum Ventures will p lay a big role…
Source: bizjournals.com Health Care News Headlines - Category: Health Management Authors: Katharine Grayson Source Type: news
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