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UnitedHealth Group Projects At Least $260B in 2020 Revenue

By Steven Porter  
   December 03, 2019

The projections are a significant step up over the company's $242 billion in projected revenues for the current year.

Coupled with a series of presentations about the company's business strategy, UnitedHealth Group said this week that it expects its revenues to top $260 billion next year, continuing a pattern of year-over-year growth that has made it a healthcare industry trendsetter.

That's a significant increase over the company's $242 billion in projected revenues for 2019, including income from both its provider and insurer operations: Optum and UnitedHealthcare.

The projections for 2020 include revenues of $260–$262 billion, net earnings of $15.45–$15.75 per share, and adjusted net earnings of $16.25–$16.55 per share.

Long-term, the company expects its earnings per share to keep growing at an average 13%–16% per year, with about two-thirds of that growth driven by operations and one-third coming from capital deployment, according to presentation materials released Tuesday. Those earnings could, of course, be affected by a wide range of market forces, including the condition of the broader economy, regulatory changes, health policy funding, and more, the company's investor materials note.

"Specifically in 2020, as it has in years prior, the return of the Health Insurance Tax creates noticeable earnings variability," the documents state.

The company made the presentations Tuesday as part of its annual investor conference in New York City.

Steven Porter is an associate content manager and Strategy editor for HealthLeaders, a Simplify Compliance brand.

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