MBA-FPX5008_GrastyTonya_Assessment2-1.docx - USING ANALYTIC TECHNIQUES 1 Using Analytic Techniques to Add Meaning to Data Tonya Grasty Applied Business

MBA-FPX5008_GrastyTonya_Assessment2-1.docx - USING ANALYTIC...

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USING ANALYTIC TECHNIQUES 1 Using Analytic Techniques to Add Meaning to Data Tonya Grasty Applied Business Analytics Capella University January 30, 2020
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USING ANALYTIC TECHNIQUES 2 Company Background and Practical Business Context UnitedHealth Group, Incorporated (UHG) is a publicly traded company that was founded in 1977 and headquartered in Minnetonka, Minnesota. The organization is ranked 6 th on the Fortune 500. UnitedHealth Group, Inc. had reported revenue of $242.16 billion. The company employs over 320,000 employees in the United States and across multiple countries including Ireland and Puerto Rico. UHG operates in all 50 states and in 130 countries across the globe (Fortune, 500). In a recent survey UHG was ranked number one as the most admired company for the ninth year in a row (Fortune 2019 Survey, 2019). UnitedHealth Group, Inc. markets insurance products for 3 Lines of business which include Employer & Individual (E&I), Community & State (C&S) and Medicare & Retirement (M&R) products. UHG operates via four different segments which include UnitedHealthcare, OptumHealth, OptumInsight and Optum RxOptum (UnitedHealth Group Inc., 2020). OptumInsight is the technology hub of the company. They sell technology services to other sectors including state and federal organizations. UHG invests $3.5 billion toward technology annually. Pharmacy benefits, supplemental dental and vision products are sold by UHG (UnitedHealth Group, 2020). The organization also offers alternative routes of care including walk in clinics inside Walmart and Walgreen retail stores as well as telehealth options (Haefner, 2019; Japsen, 2019).
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USING ANALYTIC TECHNIQUES 3 Graphical Representations of Data Figur e1. Scatter Chart UNH stock highest price. This figure illustrates the highest price of UNH stock over the past year (UnitedHealth Group Inc., 2020). The above scatter chart was created based on UNH’s highest price per share for a one year historical interval. All highest prices per share from 1/30/2019 through 1/29/2020 were included. The frequency is in increments of 50 with a range from 0 to 350 (y-axis). The bin was set in increments of five with a range from 205 to 305 in dollars (x-axis) (UnitedHealth Group Inc., 2020).
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