Integrated health benefits and services
UnitedHealth Group Incorporated
UnitedHealth Group sells health benefits to governments, employers and individuals, while Optum provides care delivery, pharmacy benefits and data services. CMS premiums are its largest revenue concentration, and its major outlays include member medical care, prescription drugs and pharmacy network payments.
Business categories Managed Care & Health Benefits · Finance & Capital · primary
UNH Updated Sep 24, 2026 5 AI consumers· 3 recurring
Per the valuechain.wiki graph, UnitedHealth Group Incorporated is directly linked to 4 companies (3 supply, 0 revenue, 1 investment relationships) and reaches 27 companies within two hops; the links are backed by 9 dated sources, 4 of them primary filings (as of 2026-09-24).
Financials & Segments
- Total revenue · FY2025 total revenue: $447.567 billion
- Segments · UnitedHealthcare · Optum Health · Optum Insight · Optum Rx
Revenue from
- Centers for Medicare & Medicaid Services (CMS) High confidence· Revenue share 44 percent · FY2025 · CMS premium revenue as a share of FY2025 consolidated revenue
CMS is the largest single revenue source through Medicare Advantage, Part D and related programs. In FY2025, CMS premiums represented 44% of consolidated revenue, mostly within UnitedHealthcare Medicare & Retirement. - Rhode Island Executive Office of Health and Human Services High confidence
UnitedHealthcare of New England provides Rhode Island Medicaid managed care services and receives capitation premiums from the state. The public amendment confirms the SFY2025 rate framework but does not disclose aggregate contract receipts.Confirms EN Rhode Island Executive Office of Health and Human Services Published Apr 7, 2025: UnitedHealthcare of New England Amendment No. 15B
Pays to
- Epic Pharmacy Network, Inc. High confidence
Optum Rx reimburses independent pharmacies represented by EPN for prescriptions. The parties began a cost-based reimbursement model in 2025, but no aggregate payment amount was disclosed. - Labcorp Holdings Inc. High confidence
UnitedHealth Group, through UnitedHealthcare, selected Labcorp as a full-test-menu provider in its 2026 Preferred Lab Network, directing covered testing volume and reimbursement to Labcorp without disclosing counterparty-specific revenue.Confirms EN UnitedHealthcare Published Jun 8, 2026: Preferred Lab Network Frequently Asked Questions - Quest Diagnostics Incorporated High confidence
UnitedHealth Group, through its insurance subsidiary UnitedHealthcare, selected Quest as a full-test-menu provider in its 2026 Preferred Lab Network, and Quest's 10-K confirms participation but does not disclose revenue attributable to this payer.Confirms EN UnitedHealthcare Published Jun 8, 2026: Preferred Lab Network Frequently Asked Questions - Walmart Inc. Medium confidence
Walmart and Sam's Club pharmacies dispense prescriptions as Optum Rx network pharmacies and receive reimbursement. Public documents establish network participation and Optum Rx's general payment obligation, but do not disclose payments to Walmart.
Investors
- Berkshire Hathaway Inc. High confidence· Count 5,039,564 shares · 2025-06-30 · Sum of Berkshire Hathaway's two UnitedHealth Group share positions reported on Form 13F
Berkshire Hathaway disclosed 5,039,564 UnitedHealth Group shares in its quarter-end June 2025 Form 13F. The two reported positions had an aggregate filing value of about $1.572 billion.Confirms KO The Korea Economic Daily Published Aug 15, 2025: Berkshire Buys $1.6 Billion Stake in U.S. Insurer UnitedHealthConfirms EN SEC EDGAR Published Aug 14, 2025: Berkshire Hathaway Inc. Form 13F Information Table (Q2 2025)
Value-chain ripple (2 tiers)
Following node-to-node links up to 2 tiers; each firm is shown once, at its nearest tier.
| Company | Chain | '21 | '22 | '23 | '24 | '25 | YTD |
|---|---|---|---|---|---|---|---|
| UnitedHealth Group Incorporated | node | +45.2 | +6.9 | +0.8 | -2.4 | -33.1 | +21.9 |
| Quest Diagnostics Incorporated | benef1 | +47.9 | -7.8 | -10.1 | +11.8 | +17.2 | +38.4 |
| Labcorp Holdings Inc. | benef1 | +54.4 | -24.4 | +13.8 | +2.2 | +10.6 | +25.3 |
| Berkshire Hathaway | benef1 | +29 | +3.3 | +15.5 | +27.1 | +10.9 | +0.7 |
| Walmart Inc | benef1 | +2 | -0.5 | +12.9 | +74 | +24.5 | +0.6 |
| VeriSign, Inc. | benef2 | +17.3 | -19.1 | +0.3 | +0.5 | +18.4 | +21.3 |
| J.B. Hunt Transport Services, Inc. | benef2 | +50.6 | -13.9 | +15.6 | -13.8 | +15.2 | +18.6 |
| Church & Dwight Co., Inc. | benef2 | +18.9 | -20.4 | +18.7 | +12 | -18.9 | +18.1 |
| Apple | benef2 | +34.6 | -26.4 | +49 | +30.7 | +9.1 | +18 |
| McKesson Corporation | benef2 | +44.2 | +51.8 | +24.1 | +23.7 | +44.5 | +14.8 |
| Mitsubishi | benef2 | +52.5 | +15.9 | +84.1 | -0.3 | +70.2 | +14.7 |
| Colgate-Palmolive Company | benef2 | +2.1 | -5.4 | +3.8 | +16.6 | -11 | +14.4 |
| Itochu | benef2 | +25.6 | +17.9 | +66.6 | +9.1 | +40.8 | +11.6 |
| Nestlé S.A. | benef2 | +22.1 | -4.2 | -9.3 | -18.8 | -1.8 | +11 |
| Siemens AG | benef2 | +12.2 | +5.1 | +20.1 | +28 | +26.4 | +8.4 |
| Alphabet (Google) | benef2 | +65.3 | -39.1 | +58.3 | +36 | +66 | +8.3 |
| Kimberly-Clark Corporation | benef2 | +9.7 | -1.6 | -7.1 | +11.8 | -19.9 | +6.8 |
| 3M Company | benef2 | +4.9 | -29.6 | -3.3 | +46.1 | +26.4 | +6.8 |
| The Kraft Heinz Company | benef2 | +8 | +18.2 | -5 | -13 | -16.3 | +6.1 |
| Expedia Group, Inc. | benef2 | +36.5 | -51.5 | +73.3 | +22.8 | +53.3 | +5.8 |
| Procter & Gamble | benef2 | +20.5 | -5 | -0.9 | +17.3 | -12.3 | +4.5 |
| Waste Management, Inc. | benef2 | +43.8 | -4.5 | +16.2 | +14.3 | +10.5 | +0.5 |
| PepsiCo | benef2 | +20.6 | +6.8 | -3.3 | -7.6 | -1.8 | -2.2 |
| The Hershey Company | benef2 | +29.6 | +21.9 | -17.9 | -6.5 | +11 | -2.7 |
| CMS Energy Corporation | benef2 | +9.7 | +0.2 | -5.2 | +18.6 | +8.1 | -4.1 |
| CJ CheilJedang | benef2 | -17.7 | +1.1 | -14.5 | -15.7 | -8.9 | -12 |
| American Express | benef2 | +36.9 | -8.5 | +28.7 | +60.3 | +26 | -15.8 |
| Abbott Laboratories | benef2 | +30.5 | -20.7 | +2.3 | +4.8 | +12.9 | -19 |
YTD as of 2026-09-04 · source: Yahoo Finance
UnitedHealth Group Incorporated operates across Integrated health benefits and services. It is +21.9% in 2026. The stock (+21.9%) and its supply side (avg -3.2%) are moving in step. CMS premiums are its largest revenue concentration, and its major outlays include member medical care, prescription drugs and pharmacy network payments.
Analysis generated from returns as of 2026-09-04← All companiesMarkdown · JSON · Customers · Suppliers · Ripple