The Federal Trade Commission (FTC) will reportedly not challenge UnitedHealth Group’s deal for LHC Group after all.
Just last week, LHC Group stock dropped after a report from Capitol Forum suggested that the FTC may be looking into vertical theories of harm pertaining to the deal. Those legal threats are now, apparently, off the table, Home Health Care News reports.
When and if the deal closes, LHC Group will be embedded into UnitedHealth Group’s subsidiary, Optum.
The Lafayette, Louisiana-based LHC Group is one of the largest home health providers in the country. Its 29,000 employees deliver home health, hospice, facility-based and home- and community-based care to patients in 37 states and the District of Columbia. Read more.
