Optum (UnitedHealth Group) to Acquire LHC Group

LHC Group Acquires Summit Home Care

April 19, 2023

Healthcare Services

LHC Group, a national provider of in-home healthcare, acquired Delaware-based Summit Home Care from its ownership team (including co-owner Eric Reinhold). The small, multi-location home health agency provides skilled nursing and therapy services across Delaware and the deal expands LHC Group’s presence in the region; financial terms were not disclosed.

Optum Completes Combination with Change Healthcare

October 3, 2022

Healthcare Services

Optum, part of UnitedHealth Group, completed its combination with Change Healthcare. The combined businesses aim to connect and simplify core clinical, administrative, and payment processes for providers and payers to reduce friction and improve efficiency.

Optum Offers to Combine With Amedisys

June 5, 2023

Healthcare Services

Optum has submitted an all-cash proposal to acquire Amedisys for $100 per share (a roughly 26% premium), aiming to combine Amedisys' home health, hospice and high-acuity capabilities with Optum's value-based care expertise. The proposal is all-cash, with no financing contingency, and is presented as providing full and certain value to Amedisys shareholders.

UnitedHealth Group Proposed Acquisition of Change Healthcare (DOJ Challenge)

October 1, 2021

Healthcare Services

UnitedHealth Group is proposing to acquire Change Healthcare, a deal that drew opposition from American Pharmacy Cooperative (APCI) in a letter to the U.S. Department of Justice. APCI argued the acquisition would harm competition and could lead to higher prescription drug prices and worse patient outcomes, citing increased prescription steering and data/privacy concerns related to Optum.

LHC Group Acquires Three Rivers Home Health

August 16, 2022

Healthcare Services

LHC Group has agreed to acquire Three Rivers Home Health, a home health provider headquartered in Eastman, Georgia, expanding LHC's service footprint across 36 counties in the state. The acquisition includes nine locations, is expected to generate approximately $12 million in annualized revenue, and is expected to close in Q4 2022 subject to customary conditions.

LHC Group Acquires East Valley Hospice and East Valley Palliative Care (Mesa, AZ)

November 9, 2020

Healthcare Services

LHC Group, Inc. (NASDAQ: LHCG) agreed to purchase East Valley Hospice and East Valley Palliative Care in Mesa, Arizona, with the transaction expected to close January 1, 2021. The acquisition is expected to generate approximately $4.8 million of annualized revenue and expands LHC Group's in-home hospice and palliative capabilities in the Phoenix metro as part of its co-location growth strategy.