UnitedHealth closes roughly $8B deal for Change Healthcare
UnitedHealth Group says it has completed its acquisition of Change Healthcare, closing the roughly $8 billion deal a couple weeks after a judge rejected a challenge from regulators
MINNETONKA, Minn. (AP) — UnitedHealth Group said Monday that it completed its acquisition of Change Healthcare, closing the roughly $8 billion deal a couple weeks after a judge rejected a challenge from federal regulators.
UnitedHealth is merging the technology company with its Optum segment. The health care giant said that combination will simplify clinical, administrative and payment processes for care providers and bill payers.
Minnetonka, Minnesota-based UnitedHealth Group's rapidly growing Optum business process pharmacy claims, delivers care and provides technology support. UnitedHealth Group Inc. also runs the one of the nation’s largest health insurers.
The U.S. Department of Justice had sued in February to block the deal. Regulators argued at the time that the deal would put too much information about health care claims in the hands of one company.
