Top 21 Healthcare Companies in Minnesota
Top 21 Healthcare Companies in Minnesota
Minnesota's healthcare companies play a pivotal role in enhancing public health through innovative solutions and services. This industry encompasses a variety of organizations, ranging from health insurance providers to specialty clinics, making healthcare more accessible and efficient. Companies focus on preventative care, pharmacy management, and patient support. As the healthcare sector evolves, there is a notable shift towards digital health solutions and integrated care models that prioritize patient experience. This transformation highlights a growing emphasis on mental health services and personalized care, addressing changing consumer needs in a complex health environment.
The companies highlighted in this list vary significantly in size and specialization, from large firms like UnitedHealthcare with over 14,000 employees to emerging health solutions like Aegle Health Partners, which has a small team. They operate throughout Minnesota, with headquarters located in cities like Eden Prairie, Minnetonka, and Minneapolis. Founded between the 1970s and 2020, these firms provide a range of offerings, including health plans, primary care, wellness programs, and healthcare consulting.
Continue reading to discover the top healthcare companies in Minnesota.
Top 21 Healthcare Companies Companies in Minnesota
1. Optum
- Website: optum.com
- Ownership type: Private
- Headquarters: Eden Prairie, Minnesota, United States (USA)
- Employee distribution: United States (USA) 49%, India 41%, Philippines 5%, Other 5%
- Founded year: 2011
- Headcount: 10001+
- LinkedIn: optum
Optum, Inc., founded in 2011 and based in Eden Prairie, Minnesota, is a healthcare services provider that specializes in a range of solutions aimed at enhancing health outcomes and managing costs. The company operates in several key areas, including technology services, pharmacy care, and consulting. Optum serves a variety of clients, including employers, health plans, and government agencies, focusing on innovative healthcare solutions that address the complexities of modern health management. With over 93,000 employees, a significant portion of whom are based in India and the Philippines, Optum leverages a global workforce to deliver its services. The company is also involved in behavioral health, population health management, and financial solutions, showcasing its commitment to a holistic approach to healthcare. Optum's pharmacy services, particularly through Optum Rx, provide essential medication management and delivery options, further solidifying its role in the healthcare ecosystem.
2. UnitedHealthcare
- Website: uhc.com
- Ownership type: Private
- Headquarters: Minnetonka, Minnesota, United States (USA)
- Employee distribution: United States (USA) 97%, Other 3%
- Founded year: 1977
- Headcount: 10001+
- LinkedIn: unitedhealthcare
UnitedHealthcare, based in Minnetonka, Minnesota, is a prominent health insurance provider founded in 1977. The company offers a variety of health plans tailored to meet the needs of consumers, businesses, and organizations. Their offerings include Medicare and Medicaid plans, as well as individual and family health insurance options. UnitedHealthcare is dedicated to helping members navigate healthcare costs and access essential medical services. They emphasize preventive care and wellness programs, aiming to enhance the overall health of their members. With over 14,000 employees, the company operates primarily in the United States, ensuring a robust presence in the health insurance market. Their user-friendly app allows members to manage their health plan details conveniently, reflecting their commitment to customer service and accessibility.
3. PreferredOne
- Website: preferredone.com
- Ownership type: Corporate
- Headquarters: Golden Valley, Minnesota, United States (USA)
- Employee distribution: United States (USA) 100%
- Latest funding: January 2016
- Founded year: 1984
- Headcount: 201-500
- LinkedIn: preferredone
PreferredOne is a health insurance provider based in Golden Valley, Minnesota, established in 1984. The company specializes in offering a range of health plans, including options for large groups, small groups, and individuals. They aim to assist both consumers and businesses in accessing affordable healthcare solutions. Their services extend beyond traditional insurance, incorporating wellness programs, online care, and pharmacy information. PreferredOne also provides various health and wellness tools to promote preventive care and healthy living. In recent years, they have partnered with UnitedHealthcare, which has expanded their capabilities and service offerings. This collaboration allows PreferredOne to provide fully insured and self-funded products, enhancing their appeal to employers looking for flexible health insurance solutions.
4. TRIA Orthopedics
- Website: tria.com
- Ownership type: Private
- Headquarters: Bloomington, Minnesota, United States (USA)
- Employee distribution: United States (USA) 100%
- Founded year: 2005
- Headcount: 201-500
- LinkedIn: tria-orthopaedics
TRIA Orthopedics, founded in 2005 and located in Bloomington, Minnesota, is a private healthcare provider specializing in orthopedic care. As part of the HealthPartners network, TRIA offers a comprehensive range of services, including orthopedic surgery, physical therapy, sports medicine, and urgent care for musculoskeletal injuries. With a team of fellowship-trained, board-certified specialists, TRIA is dedicated to delivering high-quality care tailored to the needs of their patients. They operate multiple clinics across the Twin Cities, ensuring accessibility for individuals seeking orthopedic treatment. TRIA also emphasizes patient education and community involvement, contributing to their reputation as a trusted provider in the orthopedic field.
5. Allina Health | Aetna
- Website: allinahealthaetna.com
- Ownership type: Private
- Headquarters: St. Louis Park, Minnesota, United States (USA)
- Employee distribution: United States (USA) 100%
- Founded year: 2017
- Headcount: 11-50
- LinkedIn: allina-health-aetna-insurance-company
Allina Health | Aetna is a health insurance provider based in St. Louis Park, Minnesota, established in 2017. The company offers a variety of health insurance plans, including Medicare Advantage options, catering to individuals and employers seeking health coverage. Allina Health | Aetna operates by integrating quality coverage with healthcare services, ensuring that members receive tailored care that meets their specific needs. The company emphasizes a seamless experience for its members, providing tools for virtual care, mental health support, and wellness resources. With a focus on connecting members to top healthcare professionals in Minnesota, Allina Health | Aetna aims to deliver affordable and accessible healthcare solutions. The company is a joint venture between Allina Health and Aetna, combining local healthcare expertise with the operational strengths of a national insurance brand.
6. Optum 360
- Website: optum360.com
- Ownership type: Private
- Headquarters: Eden Prairie, Minnesota, United States (USA)
- Employee distribution: United States (USA) 100%
- Founded year: 1997
- Headcount: 51-200
- LinkedIn: optum-360
Optum 360, based in Eden Prairie, Minnesota, is a healthcare services provider founded in 1997. The company specializes in a wide array of solutions that include healthcare services, financial management, and pharmacy management. Optum 360 serves a variety of clients, including employers, health plans, and government agencies, with the goal of enhancing health outcomes while effectively managing costs. Their offerings include patient access services, behavioral health support, and pharmacy benefits management, which are crucial in today’s healthcare environment. The company operates entirely within the United States and employs a workforce of around 105 individuals. Optum 360 is part of a larger network that emphasizes innovation and comprehensive care solutions, making it a significant contributor to the healthcare industry.
7. UnitedHealthcare Community & State
- Website: uhc.care
- Ownership type: Private
- Headquarters: Minnetonka, Minnesota, United States (USA)
- Employee distribution: United States (USA) 99%
- Founded year: 1980
- Headcount: 10001+
- LinkedIn: uhccs
UnitedHealthcare Community & State, based in Minnetonka, Minnesota, is a prominent health insurance provider that specializes in offering a variety of health plans. Founded in 1980, the company has grown to serve millions of members across the United States. It provides Medicare and Medicaid plans, catering to individuals with low income or special circumstances. The company also offers individual and family insurance options, helping consumers manage healthcare costs effectively. UnitedHealthcare Community & State is committed to improving access to healthcare services and enhancing the overall health of the communities it serves. Their initiatives often focus on preventive care and wellness programs, which are crucial in reducing long-term healthcare costs and improving health outcomes.
8. Medica
- Website: medica.com
- Ownership type: Corporate
- Headquarters: Minnetonka, Minnesota, United States (USA)
- Employee distribution: United States (USA) 95%, Other 5%
- Latest funding: $4.2M, January 2024
- Founded year: 1975
- Headcount: 1001-5000
- LinkedIn: medica
Medica, based in Minnetonka, Minnesota, is a health insurance provider that has been serving the community since 1975. The company offers a range of health insurance plans tailored to meet the needs of individuals, families, and organizations. Medica's offerings include individual and family plans, Medicare options, Medicaid services, and employer-provided health plans. With a workforce of approximately 4,286 employees, Medica is committed to helping its members access affordable healthcare coverage and manage their medical expenses effectively. The company operates primarily in the United States, with a strong focus on states like Minnesota, North Dakota, and others. Medica also emphasizes wellness programs and additional care services, including mental health support, preventive care, and resources for finding healthcare providers. This comprehensive approach positions Medica as a significant player in the health insurance market.
9. The Araz Group
- Website: araz.com
- Ownership type: Private
- Headquarters: Bloomington, Minnesota, United States (USA)
- Founded year: 1982
- Headcount: 11-50
- LinkedIn: the-araz-group
The Araz Group, based in Bloomington, Minnesota, is a health insurance provider that has been serving the community since 1982. With a dedicated team of around 18 employees, the company focuses on delivering health coverage solutions tailored to the needs of both individual consumers and businesses. Their services are designed to address the complexities of health insurance, ensuring that clients have access to the necessary resources for their healthcare needs. The Araz Group operates under the brand HealthEZ and is associated with America's PPO, further emphasizing their commitment to providing comprehensive health insurance services.
10. Nice Healthcare
- Website: nice.healthcare
- Ownership type: Venture Capital
- Headquarters: Minneapolis, Minnesota, United States (USA)
- Employee distribution: United States (USA) 100%
- Latest funding: February 2024
- Founded year: 2017
- Headcount: 51-200
- LinkedIn: nice-healthcare
Nice Healthcare, based in Minneapolis, Minnesota, is a healthcare provider that specializes in delivering primary care, mental health therapy, and physical therapy services. Established in 2017, the company operates on a unique model that partners with employers to offer healthcare solutions directly to their employees. This model allows patients to access care conveniently through virtual visits or in-home services, effectively bypassing the complexities often associated with traditional insurance. Nice Healthcare aims to make everyday healthcare easy and affordable, addressing the challenges many face in navigating the healthcare system. Their services include comprehensive primary care, mental health support through licensed therapists, and physical therapy, all designed to meet the needs of patients in a straightforward manner. The company has garnered positive feedback from users, with 98% of patients rating their care as better than previous experiences. Nice Healthcare's commitment to improving healthcare access and affordability positions it as a relevant player in the healthcare industry.
11. Surest
- Website: surest.com
- Ownership type: Private
- Headquarters: Minneapolis, Minnesota, United States (USA)
- Employee distribution: United States (USA) 98%, Other 2%
- Founded year: 2016
- Headcount: 201-500
- LinkedIn: yourbind
Surest, founded in 2016 and based in Minneapolis, Minnesota, is a private health insurance provider that specializes in employer-sponsored health plans. The company targets businesses with 51 or more employees, offering plans that prioritize clear pricing and access to a wide network of healthcare providers. As a subsidiary of UnitedHealthcare, Surest benefits from a robust infrastructure and extensive provider network, which enhances its service offerings. The company has designed its health plans to eliminate deductibles and coinsurance, allowing members to see upfront costs for medical services. This model not only simplifies the healthcare experience for employees but also helps employers manage their healthcare costs effectively. Surest has reported impressive growth, with significant increases in both member and employer adoption rates, indicating a strong market presence and relevance in the healthcare industry.
12. Aegle Health Partners
- Website: aeglehealthpartners.com
- Ownership type: Venture Capital
- Headquarters: Minneapolis, Minnesota, United States (USA)
- Latest funding: Seed, April 2024
- Founded year: 2020
- Headcount: 1-10
- LinkedIn: aegle-health-partners
Aegle Health Partners, founded in 2020 and based in Minneapolis, Minnesota, operates as a healthcare financing company. The firm specializes in providing innovative financial solutions tailored for self-insured employers and risk-bearing entities. Their offerings include Aegle Accel, which accelerates the stop-loss reimbursement process, and Risk Financing, designed to help organizations manage claim volatility by converting unpredictable healthcare costs into manageable payments. Aegle also plans to introduce RBC Support, aimed at enabling organizations to initiate captive insurance strategies without upfront capital. With a small team of around 15 employees, Aegle Health Partners is focused on transforming the financing of healthcare, making it more efficient and cost-effective for their clients. Their approach addresses key gaps in traditional health insurance and stop-loss products, positioning them as a significant player in the healthcare financing sector.
13. Coupe Health
- Website: coupehealth.com
- Ownership type: Private
- Headquarters: Saint Paul, Minnesota, United States (USA)
- Employee distribution: United States (USA) 100%
- Founded year: 2021
- Headcount: 11-50
- LinkedIn: coupe-health
Coupe Health, based in Saint Paul, Minnesota, is a private healthcare provider that launched in 2021. The company specializes in creating alternative health plans aimed at simplifying healthcare for businesses and their employees. With a focus on companies that have 100 or more employees, Coupe Health offers a unique model that eliminates deductibles and co-insurance, providing members with price certainty for medical services. Their services include a dedicated health concierge to assist members in navigating their healthcare journey, ensuring a seamless experience. Coupe Health also provides access to a wide range of health and wellbeing benefits, enhancing the overall value for employers and employees alike. The company operates on the Blue Cross Blue Shield’s Aware®/BlueCard® PPO Network, allowing members to access quality care across the country. With a team of experienced leaders from various sectors of the healthcare industry, Coupe Health aims to inspire change and improve health outcomes for its members.
14. PMSI Settlement Solutions
- Website: pmsionline.com
- Ownership type: Corporate
- Headquarters: Eden Prairie, Minnesota, United States (USA)
- Employee distribution: United States (USA) 68%, Brazil 32%
- Latest funding: October 2013
- Founded year: 1976
- Headcount: 501-1000
- LinkedIn: pmsi-settlement-solutions
PMSI Settlement Solutions, based in Eden Prairie, Minnesota, operates under the Optum Workers' Compensation and Auto No-Fault division. Founded in 1976, the company has carved out a niche in the healthcare industry by focusing on the management of workers' compensation and auto no-fault claims. They provide a range of services including pharmacy care, managed care, and ancillary services, aimed at assisting insurance and healthcare professionals in navigating the complexities of claims and recovery processes. Their commitment to enhancing the claims experience for both policyholders and claims professionals reflects their integral role in the healthcare ecosystem. With a workforce of approximately 501-1000 employees, PMSI is positioned to deliver tailored solutions that prioritize service and satisfaction for injured workers and claims professionals alike.
15. GoldenCare USA
- Website: goldencareagent.com
- Ownership type: Private
- Headquarters: Plymouth, Minnesota, United States (USA)
- Employee distribution: United States (USA) 100%
- Founded year: 1974
- Headcount: 501-1000
- LinkedIn: goldencare-usa
GoldenCare USA, based in Plymouth, Minnesota, is a private insurance agency founded in 1974. The company specializes in long-term care and Medicare products, offering a range of insurance solutions designed to provide financial security for healthcare costs. GoldenCare operates with a focus on personalized service, equipping clients with the necessary resources to navigate their insurance options effectively. The agency supports agents with tools and training, enhancing their ability to serve clients. With a workforce of around 500 to 1000 employees, GoldenCare has established itself as a significant player in the insurance sector, particularly in the areas of long-term care and Medicare, which are increasingly vital as the population ages.
16. Aris Group
- Website: ag-benefits.com
- Ownership type: Private
- Headquarters: Bloomington, Minnesota, United States (USA)
- Employee distribution: United States (USA) 100%
- Founded year: 2014
- Headcount: 11-50
- LinkedIn: aris-benefit-group
Aris Group, operating under the name Aris Benefit Group, is an insurance agency based in Bloomington, Minnesota. Founded in 2014, the company has carved out a niche in the insurance market by offering a wide array of employee benefits and individual insurance products. Their offerings include health, dental, vision, and life insurance, catering to both businesses and individual consumers. Aris Group emphasizes a consultative approach, working closely with clients to navigate the complexities of insurance coverage. They provide technology solutions and benefits administration services, which help streamline the enrollment process for employers and enhance the overall experience for employees. The company prides itself on customizing coverage to fit the unique needs of each client, ensuring that they receive the most appropriate insurance solutions. With a dedicated team focused on client education and support, Aris Group aims to improve employee engagement and satisfaction with their benefits packages.
17. Health Insurance Services, Inc.
- Website: healthinsuranceservices.org
- Ownership type: Private
- Headquarters: Willmar, Minnesota, United States (USA)
- Employee distribution: United States (USA) 100%
- Founded year: 1950
- Headcount: 11-50
- LinkedIn: health-insurance-services-inc
Health Insurance Services, Inc. is a private health insurance service provider based in Willmar, Minnesota. Founded in 1950, the company has a rich history of helping individuals and families navigate the complexities of health insurance, particularly Medicare. They specialize in assisting clients with Medicare sign-up, enrollment in various health insurance plans, and guidance through the MNsure marketplace. Their services are designed to simplify the often confusing process of obtaining health insurance coverage. The company operates with a team of dedicated professionals who are passionate about providing personalized support to their clients. Health Insurance Services, Inc. represents multiple insurance carriers, allowing them to offer a range of plans tailored to the unique needs of their clients. Their commitment to customer service and expertise in Medicare and health insurance options positions them as a relevant player in the healthcare industry.
18. Gravie
- Website: gravie.com
- Ownership type: Private Equity
- Headquarters: Minneapolis, Minnesota, United States (USA)
- Employee distribution: United States (USA) 100%
- Latest funding: Other (Debt), $40.0M, June 2024
- Founded year: 2013
- Headcount: 201-500
- LinkedIn: gravie
Gravie, founded in 2013 and based in Minneapolis, Minnesota, is a health benefits provider that specializes in innovative solutions tailored for small and midsize employers. The company offers products like Comfort® health plans, which feature no deductibles and zero copays for most common healthcare services, making it easier for employees to access necessary care. Gravie also provides Gravie ICHRA™, an Individual Coverage Health Reimbursement Arrangement, allowing employers to contribute to employees' health benefits in a flexible manner. With a workforce of approximately 375 employees, Gravie has been actively involved in reshaping how health benefits are delivered, focusing on cost reduction and improved access to healthcare. The company recently secured $40 million in funding in June 2024, highlighting its growth potential and the confidence investors have in its business model.
19. Health Innovations of America
- Website: hiahealthcare.com
- Ownership type: Private
- Headquarters: Minneapolis, Minnesota, United States (USA)
- Employee distribution: United States (USA) 79%, Qatar 21%
- Founded year: 2018
- Headcount: 201-500
- LinkedIn: health-innovations-of-america
Health Innovations of America is a healthcare organization based in Minneapolis, Minnesota, founded in 2018. The company specializes in a range of services, including behavioral health, community health, hospital management, and advanced clinical development. They aim to improve healthcare delivery and outcomes for their clients, which include healthcare institutions and professionals. With a workforce of 201-500 employees, they have established a presence in both the United States and Qatar. Their mission focuses on enriching lives through personalized patient care, early detection, and preventative measures. The organization prides itself on its commitment to accountability, customer satisfaction, and innovative solutions tailored to meet the evolving needs of the healthcare market. They also emphasize community involvement by donating time and resources to healthcare charities, reflecting their dedication to making a positive impact beyond their immediate business operations.
20. Emerging Therapy Solutions
- Website: emergingtherapies.com
- Ownership type: Venture Capital
- Headquarters: Minneapolis, Minnesota, United States (USA)
- Employee distribution: United States (USA) 100%
- Latest funding: $5.0M, March 2024
- Founded year: 2018
- Headcount: 11-50
- LinkedIn: emergingtherapysolutions
Emerging Therapy Solutions (ETS), founded in 2018 and based in Minneapolis, Minnesota, is a healthcare consulting firm specializing in risk management and cost containment for high-cost medical therapies. With a team of approximately 35 employees, ETS serves health plans and insurers, helping them navigate the complexities of claims and access specialized treatments. Their offerings include data analytics, clinical content, and referral management, which are essential for managing healthcare costs effectively. The company has a strong focus on high-cost therapies, including solid organ and bone marrow transplants, as well as cell and gene therapies. Recently, ETS secured $5 million in funding, reflecting confidence in their approach to addressing the financial risks associated with these advanced treatments. Their services are designed to provide insights and support to payers, enabling them to offer coverage for life-changing therapies while managing potential risks and costs.
21. MMIC Insurance, Inc.
- Website: mmicgroup.com
- Ownership type: Private
- Headquarters: Minneapolis, Minnesota, United States (USA)
- Founded year: 1980
- Headcount: 51-200
- LinkedIn: mmic-group
MMIC Insurance, Inc., now operating under the brand Curi, is a private advisory firm based in Minneapolis, Minnesota, that specializes in providing comprehensive business solutions, financial services, and insurance products primarily for healthcare professionals and organizations. Founded in 1980, the company has built a reputation for understanding the unique needs of its clients in the healthcare sector. MMIC offers tailored advisory services, wealth management, and specialized insurance coverage, including medical professional liability and general liability insurance. Their innovative approach includes the Arrowlytics platform, which provides data-driven insights to help healthcare practices optimize their operations. Following a merger with Constellation, MMIC has expanded its service offerings and now serves over 50,000 healthcare providers across the United States. The company has also been recognized for its financial strength, receiving an 'A' rating from AM Best, which underscores its ability to meet ongoing insurance obligations and support its clients effectively.
Healthcare Companies Insights: Key Companies in Minnesota
Company | Headquarter | Size | Founded | Ownership |
---|---|---|---|---|
Optum | Eden Prairie, Minnesota, United States (USA) | 10001+ | 2011 | Private |
UnitedHealthcare | Minnetonka, Minnesota, United States (USA) | 10001+ | 1977 | Private |
PreferredOne | Golden Valley, Minnesota, United States (USA) | 201-500 | 1984 | Corporate |
TRIA Orthopedics | Bloomington, Minnesota, United States (USA) | 201-500 | 2005 | Private |
Allina Health | Aetna | St. Louis Park, Minnesota, United States (USA) | 11-50 | 2017 | Private |
Optum 360 | Eden Prairie, Minnesota, United States (USA) | 51-200 | 1997 | Private |
UnitedHealthcare Community & State | Minnetonka, Minnesota, United States (USA) | 10001+ | 1980 | Private |
Medica | Minnetonka, Minnesota, United States (USA) | 1001-5000 | 1975 | Corporate |
The Araz Group | Bloomington, Minnesota, United States (USA) | 11-50 | 1982 | Private |
Nice Healthcare | Minneapolis, Minnesota, United States (USA) | 51-200 | 2017 | Venture Capital |
Surest | Minneapolis, Minnesota, United States (USA) | 201-500 | 2016 | Private |
Aegle Health Partners | Minneapolis, Minnesota, United States (USA) | 1-10 | 2020 | Venture Capital |
Coupe Health | Saint Paul, Minnesota, United States (USA) | 11-50 | 2021 | Private |
PMSI Settlement Solutions | Eden Prairie, Minnesota, United States (USA) | 501-1000 | 1976 | Corporate |
GoldenCare USA | Plymouth, Minnesota, United States (USA) | 501-1000 | 1974 | Private |
Aris Group | Bloomington, Minnesota, United States (USA) | 11-50 | 2014 | Private |
Health Insurance Services, Inc. | Willmar, Minnesota, United States (USA) | 11-50 | 1950 | Private |
Gravie | Minneapolis, Minnesota, United States (USA) | 201-500 | 2013 | Private Equity |
Health Innovations of America | Minneapolis, Minnesota, United States (USA) | 201-500 | 2018 | Private |
Emerging Therapy Solutions | Minneapolis, Minnesota, United States (USA) | 11-50 | 2018 | Venture Capital |
MMIC Insurance, Inc. | Minneapolis, Minnesota, United States (USA) | 51-200 | 1980 | Private |
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