Optum grew earnings from operations by $173 million year-over-year, a 16 percent earnings growth rate. Operating margins expanded to 6 percent overall and earnings from operations grew year-over-year by double digit percentages for each reporting segment, said Larry Renfro, chief executive of the Optum division. In January, Optum announced a $2.3 billion acquisition that would make it one of the largest operators of surgery centers in the country. Overall, UnitedHealth Group saw first quarter revenue grow 9.4 percent to $48.7 billion. Earnings of $2.17 billion grew 35 percent compared with the same quarter last year. Adjusted earnings per share of $2.37 beat analysts’ estimates by 20 cents, according to figures from Thomson Reuters. UnitedHealth now expects adjusted net earnings of $9.65 to $9.85 per share for the year, up from previous guidance of $9.30 to $9.60 per share. The increase stems in part from an improved tax rate, said Dave Wichmann, the UnitedHealth Group president. The company expects 2017 revenue of about $200 billion.
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