Latest News

UnitedHealth to buy LHC Group for $5.4 billion


In this article



UnitedHealth Group
Dawn Villella | Bloomberg News | Getty Images

UnitedHealth Group is spending about $5.4 billion to delve deeper into home health care with the acquisition of LHC Group.

The health care giant said Tuesday that it will pay $170 for each share of LHC’s stock in a deal expected to close later this year.

UnitedHealth, which runs the nation’s largest health insurer, plans to add LHC Group to its Optum Health business, which operates primary care clinics and surgery centers.

Health insurers and other payers have been emphasizing home-based care more in recent years as an alternative to expensive stays in hospitals or care centers.

This story is developing. Please check back for updates.

China’s factories were hit harder this quarter than last year as Covid drags on, survey says

Previous article

Stocks making the biggest moves in the premarket: Nielsen Holdings, FedEx, LHC Group and more

Next article

You may also like


Leave a reply

Your email address will not be published.

More in Latest News