UnitedHealth’s Optum to buy DaVita Medical Group for $4.9 billion
UnitedHealth Group has agreed to buy dialysis provider DaVita’s medical unit for $4.9 billion in cash to expand the national insurer’s outpatient care services, the company said Wednesday.
DaVita Medical Group will be combined with UnitedHealth’s Optum, which runs the non-insurance portions of UnitedHealth’s business including primary and secondary care, consulting and data analytics.
DaVita Medical Group’s physician network provides care to approximately 1.7 million patients every year via its 300 clinics in California, Colorado, Florida, Nevada, New Mexico and Washington state. The group also runs 35 urgent-care centers and six outpatient surgery centers.
Read the article: Modern Healthcare