$13B deal unites UnitedHealth with Change Healthcare
UnitedHealth Group is acquiring Change Healthcare for about $8 billion cash, the companies jointly announced Wednesday morning.
The managed healthcare and insurance giant will fold Change into its Optum business unit.
Optum will assume more than $5 billion of Change’s debt, bringing the deal’s total valuation close to $13 billion.
In an announcement, the companies state their main aim is to connect and simplify core clinical, administrative and payment processes to achieve “better health outcomes and experiences for everyone, at lower cost.”
Dave P. has worked in journalism, marketing and public relations for more than 30 years, frequently concentrating on hospitals, healthcare technology and Catholic communications. He has also specialized in fundraising communications, ghostwriting for CEOs of local, national and global charities, nonprofits and foundations.