Becker's Healthcare November 12, 2024
The U.S. Justice Department has filed a lawsuit against UnitedHealth Group, parent company of Optum, to prevent its planned $3.3 billion acquisition of home health provider Amedisys, Bloomberg reported Nov. 12.
Here are 10 things to know:
1. Despite recent meetings between UnitedHealth and federal officials to advocate for the deal, the lawsuit — filed in a Maryland federal court on Nov. 12 — reflects concerns over competition in the home health market.
2. The lawsuit alleges that the acquisition would drive up home healthcare prices in 23 states plus Washington, D.C.
3. In June 2023, Optum announced its intent to merge with Baton Rouge, La.-based Amedisys, which employs about 18,000 staff across 522 care centers in 37 states and...