UnitedHealth’s Optum To Acquire Surgery Center Business
UnitedHealth Group UNH, the largest U.S. health insurer, is escalating its already aggressive effort to become a nationwide provider of medical care, buying Surgical Care Affiliates for more than US$2 billion.
The deal, which calls for UnitedHealth to buy Surgical Care’s outstanding common stock for US$57 a share, would combine OptumCare, Optum’s healthcare delivery business, into a more comprehensive provider of ambulatory care services, working with more than 80 health plans across the country. Deerfield, Ill.-based Surgical Care operates ambulatory surgery centers and surgical hospitals in more than 30 states.
Read the full story on Forbes here.