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

UnitedHealth Group’s Optum well being providers enterprise can pay $5.4 billion for LHC Group, a nationwide supplier of house healthcare providers.

The settlement, introduced Tuesday, requires Optum to purchase all of LHC Group’s excellent inventory for $170 a share and “to additional strengthen their shared capability to advance value-based care, particularly within the consolation of a affected person’s own residence.”

UnitedHealth’s curiosity in LHC Group has has been designed to additional the insurer’s inhabitants well being technique to preserve sufferers out of the hospital and cared for in lower-cost outpatient settings.

“LHC Group’s refined care coordination capabilities and its heat, human contact is so essential for house care, and can vastly improve the attain of Optum’s value-based capabilities alongside the complete continuum of care, together with major care, house and neighborhood care, digital care, behavioral well being and ambulatory surgical procedure,” Optum Well being chief govt Dr. Wyatt Decker mentioned. “We vastly admire how the individuals of LHC Group have created a tradition that permits them to be a trusted well being care associate to sufferers and their households after they want it essentially the most, and we stay up for working with and studying from them.”