United Healthcare 2004 Annual Report Download - page 20

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Financial performance
(in millions) 2004 2003 2002
Revenues $670 $574 $491
Earnings From Operations $129 $75 $55
Operating Margin 19.3% 13.1% 11.2%
A leading provider of health care data, technology and analytic services, Ingenix measures
success by its effectiveness in improving the quality and efficiency of health care decision-making
and transaction processing for all sectors of the health care industry. This positively impacts
the affordability, usability, quality and accessibility of the overall health care system.
The measure of Ingenix
>Delivering decision-support tools so employers, payers, insurers and consumers can make informed
decisions about how to design and manage benefit offerings, direct health care spending and allocate
resources, thus making the health care system more efficient, accessible and affordable for all.
>Providing information tools and services to assess treatment options using established, evidence-based
criteria, which can improve the quality of care delivery and address the escalating costs of health care.
>Providing data and analytics to drive efficiency and quality by enabling hospitals, physicians and other
care providers, employers, payers, pharmaceutical companies and researchers to compare, contrast
and model performance data.
>Bringing world-class consulting capabilities to bear in the disciplines of benefit strategies, epidemiology,
health economics and outcomes, health education and data analysis. By marshaling its vast body
of knowledge, Ingenix assists companies in introducing new products, educating physicians about
their use, and tracking product performance and safety through large-scale epidemiological or
outcome-based research.
>Helping care providers and payers streamline and improve billing practices through state-of-the-art
billing, claims and compliance technology and services. Claims management and coding tools help
physicians and other care providers maximize resources, improve efficiency and submit claims that
accurately comply with all Medicare and payer requirements. Billing and auditing tools for payers
help to detect errors that can drive up costs.
>Providing global clinical trial support for key therapeutic areas, including oncology, central nervous
system and infectious and pulmonary disease, to help pharmaceutical companies bring new therapeutic
compounds to market quickly, safely and in a more cost-effective manner.
INGENIX
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