In Home Health Play, UnitedHealth’s Optum To Buy LHC Group For $5.4 Billion

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UnitedHealth Group’s Optum health services business will pay $5.4 billion in cash for LHC Group, a national provider of home healthcare services

calls for Optum to buy all of LHC Group’s outstanding stock for $170 a share and “to further strengthen their shared ability to advance value-based care, especially in the comfort of a patient’s own home.”

UnitedHealth’s interest in LHC Group has been designed to further the insurer’s population health strategy to keep patients out of the hospital and cared for in lower-cost outpatient settings. Optum owns an array of outpatient care assets including doctor practices, urgent care centers and surgery centers. LHC Group has 30,000 employees that provide more than 12 million in-home care visits annually from 964 locations in 37 states and the District of Columbia.

 

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