Home Health Care News July 1, 2024
On late Friday, Amedisys Inc. (Nasdaq: AMED) announced that it had agreed to divest certain locations to VitalCaring, in a deal that would be a massive one for the home health industry. It could clear the way for UnitedHealth Group (NYSE: UNH) to finalize its takeover of Amedisys, and also turn VitalCaring into one of the largest providers in the country overnight.
The deal will only come to fruition if the UnitedHealth Group-Amedisys deal goes through. But there is speculation that UnitedHealth Group and Amedisys worked with the Department of Justice (DOJ) on the divestment locations.
“While it’s still difficult to predict how the DOJ acts on the pending AMED sale, the divestiture agreement helps increase the likelihood of the...
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