Option Care Health (Nasdaq: OPCH) announced its plans to acquire Amedisys Inc. (Nasdaq: AMED) at the beginning of May. In early June, competition arrived, as UnitedHealth Group’s (NYSE: UNH) Optum put in its own bid to acquire Amedisys. For Option Care Health, the deal was its way to create an end-to-end health care continuum in […]
UnitedHealth Group’s (NYSE: UNH) Optum has made an unsolicited proposal to acquire all of the outstanding shares of Amedisys’ common stock in an all-cash transaction for $100 per share, the latter announced Monday morning. This could represent a “superior proposal” to Option Care Health’s (Nasdaq: OPCH) proposed deal for Amedisys. Option Care Health and Amedisys […]
Whether it’s because of their proven leadership teams looking to shake up the market or their roles in a jaw-dropping transaction, there are several home health providers that stand out among their peers in 2023. And the moves that these companies – new players and established powerhouses alike – make over the next 6-12 months […]
LHC Group is back on the M&A scene, sans the stock ticker next to its name. UnitedHealth Group’s (NYSE: UNH) Optum officially acquired the company on Feb. 22. For the first time since then, LHC Group has made an acquisition of its own. It is acquiring the Delaware-based, Medicare-certified home health agency Summit Home Care. […]
Help at Home expands Georgia footprint The Chicago-based Help at Home continues to grow. Last week, the company announced that it agreed to acquire Prosper Home Care, a home care provider based in Atlanta. “Adding Prosper Home Care to the Help at Home family allows us to bring like-minded organizations together to address the growing […]
UnitedHealth Group (NYSE: UNH) – and its subsidiary Optum – completed the $5.4 billion acquisition of LHC Group on Wednesday. Now, the real work starts. We had to wait nearly a year for the deal to close, and we’ll have to wait longer to see the companies’ desired strategy come to fruition. But we can […]
The $5.4 billion transaction between UnitedHealth Group (NYSE: UNH), its subsidiary Optum and home health giant LHC Group (Nasdaq: LHCG) has closed. In filings with the U.S. Securities and Exchange Commission (SEC) Wednesday, LHC Group stated that its stock would be retired from public trading as of Feb. 22. In another filing, the company confirmed […]
The Federal Trade Commission (FTC) will reportedly not challenge UnitedHealth Group’s (NYSE: UNH) deal for LHC Group Inc. (Nasdaq: LHCG) after all. Both companies stock rose Tuesday after that news surfaced from a CTFN report. Just last week, LHC Group stock dropped after a report from Capitol Forum suggested that the FTC may be looking […]
With interest in scaled home health assets climbing among strategic buyers, few, if any, large home health companies are likely to stay independent, according to Amedisys (Nasdaq: AMED) CEO Paul Kusserow. Kusserow made these remarks at a dinner hosted by Jefferies Financial Group, according to Brian Tanquilut, equity analyst for the investment banking firm. “As […]
UnitedHealth Group’s (NYSE: UNH) deal for LHC Group Inc. (Nasdaq: LHCG) reportedly could still close in the first quarter. Each party has certified “substantial compliance” and no divestitures are expected, according to a Dealreporter item for last week, which cited sources familiar with the matter. As that deal does come to a close, the home […]
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