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UMR history
UMR company history timeline
With plans to step up expansion and acquisition efforts, United HealthCare went public in 1984 and began trading as an over-the-counter stock.
In November 1986 United HealthCare paid $83 million to acquire the Colorado-based Peak Health Care Inc., a four-state HMO network with 104,000 enrollees.
In September 1988 United sold its interest in Peak Health Care Corporation for $41.5 million and raised an additional $31.6 million through a secondary public stock offering.
At the same time, the company launched a new expansion and acquisition plan under the direction of Doctor William McGuire, a former Peak Health Care president who was promoted to United HealthCare president in 1989.
By the close of 1990 United HealthCare, with about 1.5 million members enrolled in its health plans, was serving more patients than any other independent HMO company.
By the time United HealthCare closed its books on 1991 it was trading on the New York Stock Exchange and had more than doubled its previous year's income to $74.8 million on revenues of $847.1 million.
In March 1993 DPS reconfigured its product lines in order to become more competitive and began targeting the public sector market, including state and federal government health insurance programs.
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UMR competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Network Adjusters | - | $12.3M | 50 | 9 |
| United Health Care Staffing | 2004 | $240,000 | 157 | - |
| Strategic Claims Services | - | $450,000 | 1 | - |
| Fep | - | $1.2M | 50 | - |
| Bridge Personnel Services | 1989 | $8.5M | 60 | - |
| Tailored Management | 1968 | $7.4M | 100 | 3 |
| WageWorks | 2000 | $472.2M | 2,204 | 3 |
| Computershare | 2000 | $72.0M | 1,200 | 52 |
| HealthSCOPE Benefits | 1985 | $410.0M | 302 | - |
| Atterro, Inc. | 1982 | $52.0M | 375 | 1 |
UMR history FAQs
Zippia gives an in-depth look into the details of UMR, including salaries, political affiliations, employee data, and more, in order to inform job seekers about UMR. The employee data is based on information from people who have self-reported their past or current employments at UMR. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by UMR. The data presented on this page does not represent the view of UMR and its employees or that of Zippia.
UMR may also be known as or be related to UMR, UMR Inc, UMR, Inc., Umr Inc. and Umr, Inc.