Optum is a firm that provides administrative support, actuarial services, consulting services, third party administration, and insurance to nonprofit clients. They primarily provide their services regionally, with most clients in Kentucky, Texas, and Virginia (although they are present in other states as well).
Most Optum clients are health and welfare funds, hospitals, outpatient health care practitioners and facilities, and trade associations with revenues ranging from $36 million to $1.3 billion.
| Name | Type | Location | |||
|---|---|---|---|---|---|
| 1 | National Rural Electric Cooperative Association (NRECA) | 501(c)(6) | Arlington, VA | ||
| 2 | National Telecommunications Cooperative Association (NTCA) | 501(c)(6) | Arlington, VA | ||
| 3 | Owensboro Health Regional Hospital | 501(c)(3) | Owensboro, KY | ||
| 4 | Owensboro Health Twin Lakes Medical Center | 501(c)(3) | Owensboro, KY | ||
| 5 | Texas Health Physicians Group (THPG) | 501(c)(3) | Dallas, TX | ||
| 6 | Baylor Scott & White Holdings (BSWH) | 501(c)(3) | Dallas, TX | ||
| 7 | Central States Southeast and Southwest Areas Health and Welfare Fund | 501(c)(9) | Chicago, IL | ||
| 8 | Security Health Plan of Wisconsin | 501(c)(4) | Marshfield, WI | ||
| 9 | Owensboro Health Medical Group | 501(c)(3) | Owensboro, KY | ||
| 10 | Visiting Nurse Association and Hospice of Western New England | 501(c)(3) | West Springfield, MA | ||
| ... | and 4 more Optum not-for-profit tax-exempt clients identified by Cause IQ | ||||
Competitors to Optum in the nonprofit sector include Merrill Lynch Pierce Fenner and Smith, Reliance Trust Company, Usi Consulting Group, Massachusetts Mutual Life Ins. Co., Benesys Inc, CMFG Life Insurance Company, CBIZ Benefits and Insurance Services, Marquette and Associates, Willis Towers Watson, and Hub International.
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