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April 01, 2022

UnitedHealth Acquires LHC Group for Over $5 Billion

UnitedHealth, in conjunction with its affiliate Optum Health, has agreed to acquire LHC Group, a national provider of in-home health care services, by purchasing LHC Group’s outstanding common stock for over $5 billion ($170 per share). LHC Group currently includes 30,000 employees, and provides more than 12 million in-home visits annually.  Going forward, Optum and LHC Group will combine, with the LHC Group leadership continuing as part of Optum Health.  The transaction is expected to close in the second half of 2022 and is subject to LHC Group shareholder and regulatory approval.