Home Health Care News January 31, 2023
The Federal Trade Commission (FTC) will reportedly not challenge UnitedHealth Group’s (NYSE: UNH) deal for LHC Group Inc. (Nasdaq: LHCG) after all.
Both companies stock rose Tuesday after that news surfaced from a CTFN report.
Just last week, LHC Group stock dropped after a report from Capitol Forum suggested that the FTC may be looking into vertical theories of harm pertaining to the deal. Those legal threats are now, apparently, off the table.
When and if the deal closes, LHC Group will be embedded into UnitedHealth Group’s subsidiary, Optum.
The Lafayette, Louisiana-based LHC Group is one of the largest home health...
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