Optum, Steward physician group deal called off

Becker's Healthcare June 28, 2024
Patsy Newitt

Optum, parent company of ASC chain SCA Health, has called off its plan to acquire financially troubled Steward Health Care’s 1,700-physician group, The Boston Globe reported June 27.

Here are four things to know:

1. In March, Optum subsidiary Collaborative Care Holdings filed a notice with the Massachusetts Health Policy Commission to acquire the physician group, Stewardship Health, for an undisclosed amount.

2. Dallas-based Steward and Optum, which has nearly 90,000 affiliated physicians, had not finalized...

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