Healthcare DIVE October 14, 2021
Dive Brief:
- UnitedHealth Group expects its planned $13 billion acquisition of data analytics firm Change Healthcare that’s been held up by DOJ review to close “in the first part of 2022,” COO Dirk McMahon told investors on a Thursday morning call.
- The news is likely to anger hospital groups, which have raised concerns — some direct to regulators — that the deal could lower health IT competition and give UnitedHealthcare an unfair advantage in contract negotiations.
- The news comes as the diversified healthcare behemoth beat Wall Street expectations on both earnings and revenue in the third quarter, with a topline of $72.3 billion, up 11% year over year, due to double-digit percentage growth in both its payer arm, UnitedHealthcare,...