San Francisco, Mar 29 (AP) UnitedHealth Group is spending about USD 5.4 billion to delve deeper into home health care with the acquisition of LHC Group.
The health care giant said on Tuesday that it will pay USD 170 for each share of LHC's stock in a deal expected to close later this year.
UnitedHealth, which runs the nation's largest health insurer, plans to add LHC Group to its Optum Health business, which operates primary care clinics and surgery centers.
Health insurers and other payers have been emphasizing home-based care more in recent years as an alternative to expensive stays in hospitals or care centers. (AP)
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)













Quickly


