UnitedHealth Group’s Optum to Buy Change Healthcare for $13B

UnitedHealth Group’s Optum unit has agreed to buy Change Healthcare for $7.84 billion in cash plus about $5 billion in debt, the companies said on Wednesday.

The acquisition will strengthen the insurer’s portfolio of healthcare technology services and capabilities.

Change Healthcare will join with OptumInsight to provide software and data analytics, technology-enabled services and research, advisory and revenue cycle management offerings, the companies said in a press release.

The acquisition is expected to close in the second half of 2021, subject to Change Healthcare shareholders’ approval, regulatory approvals and other customary closing conditions.

Source: https://www.fiercehealthcare.com/tech/unitedhealth-group-s-optum-to-buy-change-healthcare-for-nearly-8b