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  1. Jan 19, 2016 · Fairview is one of the state's largest operators of hospitals and clinics, posting operating income of $97.5 million on $2.8 billion in revenue through the first three quarters of 2015 ...

    • PreferredOne joined the state health exchange, then dropped out. After the insurer joined the MNsure health exchange and saw rapid growth, it began offering some of the cheapest premium prices in the nation.
    • The insurer was already partially owned by Fairview Health Services. Fairview previously had 50 percent ownership of PreferredOne. Robbinsdale, Minn.-
    • Fairview gave PreferredOne a loan last year. After the insurer's loss on MNsure, Fairview lent it $18.75 million. As part of the loan's terms, Fairview had the option of expanding its ownership of PreferredOne, according to the Star Tribune.
    • David Crosby will continue to serve as CEO of PreferredOne. The insurer will function as a subsidiary of Fairview, and Mr. Crosby will stay in his current role.
  2. Aug 16, 2021 · With more than 34,000 workers, Minneapolis-based Fairview uses PreferredOne to run its own employee health plan. PreferredOne also has been one of three health plan options for government workers ...

  3. Aug 18, 2021 · Share: August 18, 2021. PreferredOne, a health insurer based in Golden Valley has been acquired by UnitedHealthcare in a move that would help the nation’s largest insurer compete for business in its home state. According to Hayes Batson, chief financial officer of Fairview Health Services, which gained full control of PreferredOne in early ...

  4. Jan 18, 2016 · Fairview's chief financial officer, Dan Fromm, will continue as board chair at PreferredOne. Fairview is one of the state's largest operators of hospitals and clinics, with more than 22,000 employees.

  5. Aug 16, 2021 · Email. UnitedHealthcare purchased Golden Valley, Minn.-based PreferredOne Aug. 16, further establishing the insurer's presence in its home state. While financial details were not disclosed, UnitedHealthcare completed the acquisition the morning of Aug. 16, with Fairview Health Services ceding ownership, according to the StarTribune.

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  7. Apr 21, 2015 · Share. Fairview Health Services has obtained options to become the majority owner of PreferredOne, the Golden Valley-based health insurer that made a big splash during the first year of the MNsure ...

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