Federal regulators asked UnitedHealth Group and home healthcare provider LHC Group for additional information related to their proposed $5.4 billion deal, LHC disclosed in a Friday filing with the U.S. Securities and Exchange Commission. UnitedHealth Group announced plans to purchase LHC Group in March. The healthcare giant plans to add LHC to its Optum healthcare services subsidiary, in a move to beef up its in-home care delivery, Modern Healthcare reports.
The acquisition by UnitedHealth’s Optum health-services arm would add one of the country’s largest home-health firms to a portfolio that already includes doctor groups, clinics and surgery centers, as well as some home-based services. Read more.