Universal American
Universal American was a NYSE-listed U.S. healthcare company (ticker UAM) headquartered in Port Chester, NY, founded in 1981, reporting annual revenues exceeding $2 billion before its delisting.
- Company typePrivate
- Founded1981
- HeadquartersPort Chester, United States
- Headcount1,001–5,000
- GTM typeB2C
- OfferingServices
What Universal American does
Universal American was a publicly traded healthcare company headquartered in Port Chester, New York, founded in 1981 and formerly listed on the New York Stock Exchange under ticker symbol UAM before its delisting. At its peak, the company reported annual revenues exceeding $2 billion and employed between 1,001 and 5,000 staff, positioning it as a mid-to-large scale participant in the U.S. healthcare sector. Its strategic focus appears centered on healthcare services and managed care, evidenced by the 2012 acquisition of APS Healthcare (a care and behavioral health management firm) and the presence of an Executive Vice President of Health Care Services on the leadership team (Theodore M Carpenter). The company pursued capital-supported growth, including a 2009 funding round involving Lee Equity Partners, and was led by Steven H Black as Chief Financial Officer.
The business model centered on operating in regulated U.S. healthcare markets, with revenue generation consistent with insurance and care management services rather than technology product sales. There is no evidence in the supplied data of consumer-facing software products, technology platform disclosures, proprietary AI/ML systems, or named customer logos; the product surface is implicit in the healthcare services positioning rather than explicitly enumerated. Pricing models, go-to-market mechanics, marketing channels, and distribution channels are not disclosed in the available source material. The delisted status indicates the entity exited public-market reporting, which constrains the freshness and granularity of any current operating commentary.
Key limitations of the available data should be acknowledged: the majority of structured fields (product details, technology stack, pricing, customer logos, office locations, headcount detail, management team) are empty, and one appended source block pertains to an unrelated entity (BONANZA88JP) and should be disregarded. Investment-relevant inferences about competitive moat, customer concentration, AI capability, and forward growth are therefore constrained to the firmographics, the single acquisition event, the 2009 funding round, and the two named executives.
Universal American firmographics
Firmographics- Name
- Universal American
- Website
- https://universalamerican.com
- Company type
- Private
- Founded year
- 1981
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Universal American was a NYSE-listed U.S. healthcare company (ticker UAM) headquartered in Port Chester, NY, founded in 1981, reporting annual revenues exceeding $2 billion before its delisting.
- Ownership category
- akta.pro rank
Universal American industry classification
Industry- Product category
- Managed Care / Health Insurance
- NAICS
- Direct Life, Health, and Medical Insurance Carriers (52411), Health Care and Social Assistance (62)
- SIC
- Services-Health Services (8000), Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Medicaid Expansion (ACA Adult) Managed Care Plans (HLAEAEAB)
- akta.pro secondary industry
- Off-Exchange Individual Major Medical Plans (FSAIAEAB)
Keywords
Where Universal American is headquartered
LocationHeadquarters
- HQ city
- Port Chester
- HQ country
- United States
- HQ region
- North America
Markets served
Universal American business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Personnel, Marketing or Sales
Universal American product offering
Product offeringCore offering
Universal American is a healthcare services company that delivered managed care products, principally Medicare Advantage health plans and related health insurance offerings, to seniors and other beneficiaries. The company operated a portfolio of health plan subsidiaries, complemented by healthcare services capabilities expanded through the acquisition of APS Healthcare.
Differentiator
Problem solved
Functional benefit
Products and services
- Medicare Advantage Health Plans Medicare Advantage health insurance plans providing integrated medical and prescription drug coverage to eligible Medicare beneficiaries, distributed through the company's health plan subsidiaries.
- APS Healthcare Services Specialty healthcare management and care coordination services acquired through the APS Healthcare acquisition, extending the company's reach beyond insurance underwriting into care management.
Companies that use Universal American
Customer profileIdeal customer profiles2 records
Universal American technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Universal American partnerships and signals
Strategic signalRecent moves3 records
Expansion highlights3 records
Universal American competitors and assessment
Company assessmentDirect peers
- Humana: Humana is one of the largest Medicare Advantage-focused health insurers in the U.S. It is a direct peer to Universal American given overlapping focus on MA, Part D, and senior-focused commercial products.
- Molina Healthcare: Molina is a managed care company focused on Medicaid and Medicare programs. It is a direct peer given overlapping government payer focus and care management orientation.
- Centene Corporation: Centene is a major government-sponsored healthcare insurer with strong Medicare and Medicaid managed care exposure. It is a direct peer to Universal American in the managed care and government-programs space.
- WellCare Health Plans: WellCare is a managed care company specializing in Medicaid and Medicare Advantage plans. It is a direct peer to Universal American in government-sponsored health insurance.
- HealthSpring: HealthSpring was a Medicare Advantage-focused health plan acquired by Cigna. It is a direct peer in the MA-focused insurer category that Universal American also competed in.
Broad incumbents
- Cigna Group: Cigna operates commercial and government health plans alongside its Evernorth services. It is a broad incumbent peer with overlapping health insurance and care management capabilities.
- Elevance Health (Anthem): Elevance Health operates Blue Cross Blue Shield plans with a large Medicare Advantage book. It is a broad incumbent peer given its multi-segment health insurance portfolio.
- CVS Health (Aetna): CVS Health owns Aetna, a broad-based health insurer with Medicare and Medicaid exposure. It is a broad incumbent peer given overlapping payer business and integrated care delivery.
- UnitedHealth Group: UnitedHealth Group operates UnitedHealthcare, a broad-based health insurer with a major Medicare Advantage franchise. It is a broad incumbent peer given overlapping government and commercial health plan offerings.
Emerging players
- Magellan Health: Magellan Health specializes in behavioral health and specialty care management, overlapping with the APS Healthcare capabilities Universal American acquired. It is an emerging/specialty peer in managed care services.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Universal American social profiles
Digital presenceUniversal American financial estimates
Financial estimateRevenue estimate
Valuation estimate
Universal American leadership team
Management profileNumber of profiles
Profiles2 records
Universal American funding detail
Funding detailFunding overview
Funding rounds2 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Universal American M&A and investment
M&A and investmentM&A1 record
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Universal American
What does Universal American do?
Universal American is a healthcare services company that delivered managed care products, principally Medicare Advantage health plans and related health insurance offerings, to seniors and other beneficiaries. The company operated a portfolio of health plan subsidiaries, complemented by healthcare services capabilities expanded through the acquisition of APS Healthcare.
Is Universal American a public or private company?
Universal American is a private company. It is classified as private equity controlled and is currently operating.
When was Universal American founded?
Universal American was founded in 1981. It employs 1,001 to 5,000 people.
Where is Universal American based?
Universal American is headquartered in Port Chester, United States, in the North America region.
Who are Universal American's main competitors?
Direct peers on record are Humana, Molina Healthcare, Centene Corporation, WellCare Health Plans and HealthSpring. Broad incumbents are Cigna Group, Elevance Health (Anthem), CVS Health (Aetna) and UnitedHealth Group. Magellan Health is listed as an emerging player.
Does Universal American have an API?
No public API is recorded for Universal American.
What industry is Universal American in?
Universal American's product category is Managed Care / Health Insurance. Its primary akta.pro industry code is HLAEAEAB, Medicaid Expansion (ACA Adult) Managed Care Plans, with a secondary code of FSAIAEAB, Off-Exchange Individual Major Medical Plans. Its NAICS code is 52411 and its SIC code is 8000.