UnitedHealth Group, owner of the biggest U.S. health insurer, is reportedly facing an antitrust investigation by the Justice Department. This probe is focusing on UnitedHealth’s various sectors, including its UnitedHealthcare insurance unit and its Optum health services arm, which owns physician groups and other assets, The...
Last week’s data breach of United Health Group’s (UHG) prescription provider comes at a critical time in the digital transformation of connected healthcare. Just as evidence shows clinicians are seeing positive results from digital processes, the security of consumer data has taken another hit. On...
UnitedHealth, the largest U.S. health services company by revenue, wants to keep its crown. The company’s third-quarter 2023 earnings results, announced on Friday (Oct. 13), showed strong growth through the first nine months of the fiscal year, raking in $16.9 billion in profit, compared to...
In healthcare, the latest acquisition brings to mind that old Fred Astaire song lyric: “Won’t you change partners and dance with me?” On Monday, as had been reported here, Amedisys, the home health and hospice firm, agreed to be acquired by UnitedHealth’s Optum. In doing so, the...
February 25, 2024
Last week’s data breach of United Health Group’s (UHG) prescription provider comes at a critical time in the digital transformation of connected healthcare. Just as evidence shows clinicians are seeing positive results from digital processes, the security of consumer data has taken another hit. On Feb. 21 the healthcare giant confirmed that its subsidiary Optum […]
April 24, 2024
UnitedHealth Group is shutting down its Optum Virtual Care telehealth business. Employees were notified of the shutdown on Thursday (April 18), and some were told that their last day would be in July, Seeking Alpha reported Tuesday (April 24), citing a paywalled article by Endpoints News. Reached for comment by PYMNTS, a UnitedHealth Group spokesperson provided an emailed statement saying that the […]
February 27, 2024
UnitedHealth Group, owner of the biggest U.S. health insurer, is reportedly facing an antitrust investigation by the Justice Department. This probe is focusing on UnitedHealth’s various sectors, including its UnitedHealthcare insurance...
June 26, 2023
Home health company Amedisys has agreed to a $3.3 billion merger with UnitedHealth Group. The deal calls for the acquisition of Amedisys’ outstanding common stock in an all-cash transaction for $101 per share...
March 29, 2022
UnitedHealth Group subsidiary Optum health services signed a $5.4 billion acquisition deal for home healthcare business LHC Group, The Wall Street Journal reported. LHC Group is one of the biggest home healthcare agencies...
