Becker's Healthcare April 1, 2024
Optum, the parent company of SCA Health and the country’s largest employer of physicians, announced plans to acquire Dallas-based Steward Health Care’s physician group.
Here’s what we know about the controversial deal thus far:
1. Collaborative Care Holdings, an Optum subsidiary, filed a notice March 26 with Massachusetts’ Health Policy Commission to acquire the physician group, which includes clinicians in nine states, for an undisclosed amount.
2. The commission has 30 days to assess the effects of the proposed transaction on healthcare costs and market functions. While it doesn’t have the authority to block a transaction, it can refer findings to Massachusetts agencies, such as the state Attorney General’s office or the Department of Public Health, for possible...
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