Thursday, June 20, 2019

Even With Las Vegas Divestiture, Optum Gains Key New Markets

Bruce Japsen Senior Contributor Jun 20, 2019, 03:31pm
The conditional government approval of UnitedHealth Group’s acquisition of DaVita Medical Group will still bring the health insurer’s Optum health services business medical providers assets in key fast-growing new markets.
The Federal Trade Commission, worried about a monopoly in the Las Vegas area, worked out a settlement with UnitedHealth to divest DaVita Medical’s medical care provider group known as HealthCare Partners of Nevada.
Once the deal closes, Davita Medical Group will meld into the OptumCare division of Optum which work with more than 80 health plans and 16 million patients. OptumCare is affiliated with more than 30,000 physicians and hundreds of facilities.  A half dozen markets in particular in some of the fastest growing population centers in the U.S. will see OptumCare fill gaps it has had in its medical care provider portfolio, analysts say.
“DaVita Medical Group’s high-quality practices in California, Colorado, Florida, New Mexico and Washington are now part of OptumCare,” Optum said in announcing FTC approval of the $4.3 billion acquisition.
The addition of DaVita medical care provider assets in these states “will help expand Optum’s SCA (Surgical Care Affiliates) MedExpress, and HouseCalls,” SVB Leerink analyst Ana Gupte said in a note following the FTC’s announcement that the deal was approved with conditions. “This expanding reach will also be synergistic with Optum Health portfolio.”
https://www.forbes.com/sites/brucejapsen/2019/06/20/even-with-las-vegas-divestiture-optum-gains-key-new-markets/#4b638a3a26b4

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