David Satcher, MD. Renfro joined UnitedHealth Group in 2009 and has been CEO of Optum since 2011. “Our growth and diversification across UnitedHealth Group continue to advance at a strong pace, driven in part by well-recognized and growing depth in executive leadership. Same platform but with new and improved features. Larry Renfro is Managing Partner of Optum Ventures, an early-stage firm focused on emerging health care technology, analytics, and services companies with transformative capabilities to make health care better for everyone. Scientific Advisory Board. Renfro joined the company in January 2009 and has served as chief executive officer of the public and senior markets group. To access all the content for free, please sign up by entering your email. Feds to spend $1.6B to expand COVID testing, domestic manufacturing, MobileODT wins $2.3 million grant for major cervical cancer trial, Medtronic CMO Kowal explains how remote medtech got its groove back, Medtronic reorg could open door to more contract manufacturers. The Medical Device Business Journal. UnitedHealth is the latest healthcare organization to dip its toes into the venture capital space, announcing the creation of Optum Ventures, which will focus on investing in … Thank you for your continued support. Larry Renfro is Managing Partner of Optum Ventures, an early-stage firm focused on emerging health care technology, analytics, and services companies with transformative capabilities. In March 2018, Larry Renfro, the Optum CEO, joined Optum Ventures as a managing partner. “Critically, he has deep experience with how data and analytics and new technologies can be used to improve patient outcomes, better serve consumers, lower costs and drive value across the system – which is at the heart of Optum’s work to shape health care for the better.”. In his post, Mr. Renfro oversees OptumInsight, OptumHealth and OptumRx, as they use big data and technology to disrupt every aspect of the healthcare system. Larry Renfro. Thank you for accessing our content on the Topio Networks Market Intelligence Center. Henry Louis Aaron (in memoriam) Read Bio. Sophia Vinogradov, MD Professor and Head, Department of Psychiatry, University of Minnesota. Fetching new content. Optum made headlines this year with significant acquisitions in the fields of pharmacy benefit management and urgent care centers. Optum Ventures, a fund first announced in November last year, is dedicated to supporting emerging technology, data analytics and healthcare services. I am both excited and grateful that Larry will partner with me at the enterprise level, dedicating his talents to strengthening our present day growth agenda and future capability development and strengthening of Optum through early-stage investing at Optum Ventures,” UnitedHealth Group CEO David Wichmann said in prepared remarks. Renfro joined the company in January 2009 and has served as chief executive officer of the public and senior markets group. The Optum Ventures team also includes: Sarah London , Sr. Subscribe to Medical Design & Outsourcing. “Optum Ventures is uniquely positioned to help develop and grow startups and early-stage companies through capital investment, Optum’s decades of experience in health care, and our access to the health care marketplace,” said Larry Renfro, CEO of Optum and Managing Partner of Optum Ventures. Optum Ventures 1 year 3 months Principal Optum Ventures Dec 2020 - Present 3 months. DeviceTalks is a conversation among medical technology leaders. He worked in the office of the CEO at UnitedHealth Group coordinating projects in new areas of growth and development. It's events, podcasts, webinars and one-on-one exchanges of ideas & insights. Earlier this year, Renfro shifted roles to lead the organization's venture capital arm, Optum Ventures. “DispatchHealth is extending health care beyond traditional facilities to the most accessible environment of all: the patient’s home,” Larry C. Renfro, managing partner of Optum Ventures, said in a statement. He was president and chief executive officer of AARP Services, Inc., before he rejoined Fidelity in 2008. Optum Ventures Global Management UK Limited is an appointed representative of Mirabella Advisers LLP, which is authorised and regulated by the Financial Conduct Authority. With today’s announcement, Mindstrong Health has raised a total of $29 million. Larry Renfro is chief executive officer of Optum, UnitedHealth Group’s health services platform, overseeing OptumInsight, OptumHealth and Optum Rx. Louis W. … The fund will be managed by Optum Analytics CEO Virginia McFerran and A.G. Breitenstein, a … The Firm invests in early-stage and star up health care companies. Optum Ventures will participate in Series A and Series B rounds of funding, Renfro said. Managing Partner, Optum Ventures. Fidelity Ventures is its venture capital arm. The new global fund complements the domestic Optum Ventures fund announced in November 2017; together they have total investment commitments of up to $600 million. Renfro joined UnitedHealth Group in 2009 as CEO for the Public and Seniors Market Group before becoming CEO of Optum in 2011 and also vice chair in 2014. All Rights Reserved. Larry C. Renfro is Vice Chairman at UnitedHealth Group, Inc. View Larry C. Renfro’s professional profile on ... Larry C. Renfro is no longer serving in their position at Optum, Inc. ... services groups in the world. Larry Renfro is Managing Partner of Optum Ventures, an early-stage firm focused on emerging health care technology, analytics, and services companies with transformative capabilities to make health care better for everyone. Site Map | Privacy Policy | RSS. Founded in 1946, the company has since served North American investors. Optum on Tuesday launched the venture fund Optum Ventures, which has $250 million to invest in digital health startup companies. We look forward to providing you with even more cutting-edge market research, as Topio Networks. Optum announces $250 million fund to invest in the next generation of health care innovation with Optum Ventures. With the addition of a new $100 million Global Fund, Optum Ventures has up to $600 million in total investment commitments, UnitedHealth Group reported. We expect this to improve access and quality for patients, and reduce expenditures related to healthcare utilization,” said Larry Renfro, vice chairman of UnitedHealth Group and CEO of Optum. Copyright © 2021 WTWH Media, LLC. Andrew Witty will join UnitedHealth Group, succeeding Renfro as CEO of Optum, effective July … UnitedHealth Group is transitioning Larry Renfro, the vice chair and CEO of its pharmacy benefit management arm Optum, to lead "enterprise growth efforts" at the recently expanded Optum Ventures. We want to make sure you get the most out of our platform. The company announced a Series A financing of $14 million in June of 2017. “We are excited to continue partnering with DispatchHealth to drive value and outcomes for the industry.” Bookmark, share and interact with the leading medical design engineering magazine today. Larry Renfro, who has led the firm since 2011, will become managing partner of venture fund as Witty steps in. Optum CEO Larry Renfro is managing partner of Optum Ventures, but though the company is also funded by Optum, it will operate independently under the leadership of partners A.G. Breitenstein and Virginia McFerran, UnitedHealth Group said. Optum Ventures operates as a venture capital firm. “We are deeply fortunate in Andrew Witty to have the right person to extend Optum’s momentum and lead the business in its next phase of growth. Renfro has also held senior executive positions at NewRiver, Inc.; State Street Bank & Trust; and Allmerica Financial. One moment please. Chief Medical Officer, Complex Medical Conditions, President & CEO of Digital Cognition Technologies, Chief Executive Officer of Specialists On Call, Chief Executive Officer - Public, Chief Executive Officer - UnitedHealth Group, Intelligent Assistance and Bots Ecosystem. Optum Ventures provides capital and strategic guidance to startup companies solving health care's pressing challenges. Optum Ventures is overseen by Larry Renfro, who is also vice chairman of UnitedHealth. www.vbprofiles.com is now www.topionetworks.com. Billye Suber Aaron. MassDevice is the leading medical device news business journal telling the stories of the devices that save lives. The LLC will be overseen by Optum CEO Larry Renfro, as managing partner. Ian Gotlib, PhD Professor and Chair, Psychology, Stanford University. Philip D. Harvey, PhD Leonard M. Miller Professor of Psychiatry Read Bio. It is the venture capital investment arm of Optum that invests in digital health companies that use data and insights to help improve consumers' access to health care services and how care is delivered and paid for, and ... Larry C Renfro. The MedTech 100 is a financial index calculated using the BIG100 companies covered in Medical Design and Outsourcing. Optum CEO Larry Renfro is managing partner of Optum Ventures, but though the company is also funded by Optum, it will operate independently under the leadership of partners A.G. Breitenstein and Virginia McFerran, UnitedHealth Group said. Vice Chairman of UnitedHealth Group and Founding and Managing Partner of Optum Ventures Co-Chair of MSM Campaign Read Bio.
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