LHC Group Inc. (Nasdaq: LHCG) began in 1994 as a single home health agency, co-founded by husband-and-wife duo Keith and Ginger Myers, the provider’s first nurse. In the nearly three decades since, the family-founded company has gone public and grown into a $2.2 billion home health, hospice and personal care powerhouse with a footprint that […]
UnitedHealth Group (NYSE: UNH) has agreed to buy LHC Group (Nasdaq: LHCG). The deal is reportedly worth about $5.4 billion. The plan is to pair LHC Group – one of the largest home health providers in the U.S. – with Optum Health, which is already integrated into UnitedHealth’s network. “Since our founding in 1994, ‘It’s […]
UnitedHealth Group (NYSE: UNH) was the first health care titan to report its 2021 year-end results, doing so Wednesday morning. The Minnetonka, Minnesota-based company showed few signs of a pandemic-driven slowdown and hinted at big home-based care moves on the horizon. “Our broad home-based clinical care initiatives at Optum and UnitedHealthcare are central to improving […]
UnitedHealth Group (NYSE: UNH) is one of the largest and most pioneering health care organizations in the country. As such, one of its main strategic priorities is bringing more care into the home. Internally, it’s clear that UnitedHealth Group and its different departments view investments around home-based care as a way to deliver cost-effective, highly […]
UnitedHealth Group (NYSE: UNH) leaders highlighted key growth drivers for the company during a Thursday morning conference call on Q2 2021 financial results. Execs honed in on three main investment areas, with one being a continued bet on Optum, its in-home care provider. UnitedHealth Group has been one of the more active payers as far […]
Back in 2018, it felt like the health care sector was on the verge of a massive shift, driven by a desire from payers to better manage their members’ total cost of care with enhanced in-home capabilities. Much of that feeling came from watching Humana Inc. (NYSE: HUM). The Louisville, Kentucky-based health insurer teamed up […]
Optum, a part of UnitedHealth Group (NYSE: UNH), has reportedly reached a deal to acquire in-home medical group Landmark Health. Rumors of such a deal between UnitedHealth and Landmark come from M&A intelligence service Mergermarket, which cited “four sources familiar with the situation.” Landmark declined a request for comment from Home Health Care News, which […]
The founder of UnitedHealth Group Inc. (NYSE: UNH) is launching a special-purpose acquisition company (SPAC) that has its eyes set on a $300 million public offering. Senior care — and home-based care, in particular — will be among the new entity’s priorities. Richard Burke became the longest-serving director of UnitedHealth Group after he founded the […]
The Department of Veterans Affairs (VA) — or the Tesla of home care, according to some — recently made changes to its health care plan to put veterans at the center of their own care and reduce network fragmentation. The VA Mission Act makes it easier for veterans to visit non-VA medical facilities and creates […]
Earlier this month, Minnesota-based UnitedHealthcare announced it was expanding the company’s bundled payment offerings to providers participating in its Medicare Advantage (MA) plan networks. Home health care is primed to play a major role in that expansion, Jeff Meyerhofer, president of bundled payment solutions for UnitedHealthcare’s Medicare & Retirement division, told Home Health Care News […]
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