UnitedHealth’s Optum health services business has secured a deal with home health provider Amedisys, offering $101 per share in an improved all-cash bid valued at around $3.3 billion. This move reflects the trend of healthcare companies expanding their home health operations to provide cost-effective treatment at home. UnitedHealth’s offer surpasses previous bids and is higher than competing all-stock deals. The agreement is subject to shareholder and regulatory approvals, and both companies aim to deliver compassionate, value-based care to patients and their families.
Optum, a health services business under UnitedHealth Group, has successfully secured a deal with home health provider Amedisys through an improved all-cash offer. The revised bid amounts to $101 per share, valuing the transaction at approximately $3.3 billion, surpassing Optum’s previous proposal by $1. This move reflects the growing trend among major healthcare companies to expand their in-home medical services by enhancing their home health operations.
UnitedHealth, renowned for operating the nation’s largest health insurer, UnitedHealthcare, and its competitors, perceive healthcare in the home as a means to ensure patients receive cost-effective treatment at the appropriate time and location, aligning with the right level of care.
In a similar vein, CVS Health invested $8 billion in Signify Health earlier this year, aiming to incorporate a home care provider into its healthcare and technology platform. CVS already owns the prominent health insurance company Aetna and boasts over 1,000 MinuteClinics.
UnitedHealth’s latest offer outshines Option Care’s previous all-stock deal of $97.38 per share, which was announced in May.
Both companies released a concise statement expressing their commitment to delivering compassionate, value-based, comprehensive care to patients and their families through the combination of Amedisys and Optum. However, the agreement is subject to various conditions, including shareholder and regulatory approvals as well as customary closing requirements.
