UnitedHealth Group’s Optum well being companies enterprise can pay $5.4 billion for LHC Group, a nationwide … [+]
© 2016 Bloomberg Finance LP
UnitedHealth Group’s Optum well being companies enterprise can pay $5.4 billion for LHC Group, a nationwide supplier of residence healthcare companies.
The agreement, announced Tuesday, requires Optum to purchase all of LHC Group’s excellent inventory for $170 a share and “to additional strengthen their shared capability to advance value-based care, particularly within the consolation of a affected person’s own residence.”
UnitedHealth’s curiosity in LHC Group has has been designed to additional the insurer’s inhabitants well being technique to preserve sufferers out of the hospital and cared for in lower-cost outpatient settings.
Optum owns an array of outpatient care property together with physician practices, pressing care facilities and surgical procedure facilities. LHC Group has 30,000 staff that present greater than 12 million in-home care visits yearly, the businesses mentioned.
“LHC Group’s refined care coordination capabilities and its heat, human contact is so vital for residence care, and can drastically improve the attain of Optum’s value-based capabilities alongside the complete continuum of care, together with main care, residence and group care, digital care, behavioral well being and ambulatory surgical procedure,” Optum Well being chief government Dr. Wyatt Decker mentioned. “We drastically admire how the individuals of LHC Group have created a tradition that permits them to be a trusted well being care companion to sufferers and their households once they want it probably the most, and we stay up for working with and studying from them.”
