Change Healthcare President and CEO Neil de Crescenzo said Thursday he’s pleased with the company’s progress on regulatory review of its pending deal with Optum and is moving forward with plans for a successful integration, Fierce Healthcare reports.
UHG’s Optum unit announced plans to buy Change Healthcare for $13 billion, or $7.84 billion in cash plus about $5 billion in debt. That transaction was initially expected to be completed in the second half of 2021.
Change Healthcare has been mum on the regulatory review process. A DOJ probe into the massive deal was first revealed in March. The agency is now mulling a lawsuit to intervene in UHG’s acquisition of Change Healthcare. Read more.
