Market Updates
UnitedHealth Agrees to Acquire LHC Group for $5.4 Billion
Bridgette Randall
29 Mar, 2022
New York City
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UnitedHealth agreed to acquire home healthcare provider LHC Group for $5.4 billion in cash. The largest health insurer expands its home health services for chronic illnesses suffered by mostly older patients. The largest health insurer agreed to pay $170 a share, 8% premium to the last close and the deal is expected to add to earnings in 2023.
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