UNITEDHEALTH GROUP INC acquired LHC Group, Inc. for $170.00 per share (approximately $5.4 billion), a transaction completed in February 2023, structured as all cash.
LHC Group, Inc. operates in OptumHealth, is based in Lafayette, Louisiana, USA. LHC Group (NASDAQ: LHCG) was a national patient-focused provider of high-quality in-home health care services, including home health, hospice, and community-based care. It was combined with Optum Health.
LHC Group's care coordination capabilities and in-home reach extend Optum's value-based care across the full continuum of care - primary care, home and community care, virtual care, behavioral health, and ambulatory surgery.
National in-home care footprint aligned with the shift to home-based, value-based care. Extends value-based care into the home across Optum Health's 100-plus health-plan relationships. Optum Health
LHC Group's sophisticated care coordination capabilities and its warm, human touch is so important for home care, and will greatly enhance the reach of Optum's value-based capabilities along the full continuum of care.Dr. Wyatt Decker, CEO, Optum Health
Advisory firms were not disclosed for this transaction.