Radiology Business March 28, 2024
UnitedHealth Group’s OptumCare subsidiary has reached a deal to acquire multispecialty radiology provider Steward Medical Group, those involved said Wednesday.
Part of the larger Steward Health Care hospital system, SMG spans nine states and 450 practices, employing 1,700 providers, according to its website. The medical group’s coordinated model is centered around primary care, with Steward also providing diagnostic imaging services and employing over 180 radiologists.
The Massachusetts Health Policy Commission received notice of the transaction this week. Executive Director David Seltz said local authorities are committed to “rigorous, data-driven oversight” of such healthcare deals.
“This is a significant proposed change involving two large medical providers, both in Massachusetts and nationally, with important implications for the delivery and cost of healthcare...