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Big Law

UnitedHealth Completes Acquisition of Change Healthcare for Roughly $8B

UnitedHealth Group said Monday that it completed its acquisition of Change Healthcare, closing the roughly $8 billion deal a couple weeks after a judge rejected a challenge from federal regulators.

UnitedHealth is merging the technology company with its Optum segment. The health care giant said that combination will simplify clinical, administrative and payment processes for care providers and bill payers.

Minnetonka, Minnesota-based UnitedHealth Group’s rapidly growing Optum business process pharmacy claims, delivers care and provides technology support. UnitedHealth Group Inc. also runs the one of the nation’s largest health insurers.

Read the source article at Associated Press News

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