Home Health Care News November 12, 2024
The Department of Justice is reportedly prepping a lawsuit to block UnitedHealth Group’s (NYSE: UNH) takeover of Amedisys (Nasdaq: AMED).
Bloomberg first reported the news. Its report, citing anonymous sources, says that the Amedisys and UnitedHealth Group leaders did meet with DOJ officials last week. That meeting did not change the DOJ’s mind, however.
UnitedHealth Group’s Optum agreed to acquire Amedisys for $3.3 billion in June of 2023. Since, DOJ officials – and state governments – have requested more information around the deal and scrutinized it. That scrutiny could finally be coming to a head this week.
Specifically, the DOJ believes that the deal would “harm competition in the market for home health services,” according to Bloomberg’s sources. Optum acquired...
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