UnitedHealth Buys Large Doctors Group as Lines Blur in Health Care
The purchase of DaVita Medical Group moves UnitedHealth more into the role of doctor as it buys nearly 300 clinics across six states.
In another example of the blurring boundaries in the health care industry, UnitedHealth Group, one of the nation’s largest insurers, said on Wednesday that it is buying a large physician group to add to its existing roster of 30,000 doctors.UnitedHealth’s Optum unit will acquire the physician group from DaVita, a large for-profit chain of dialysis centers, for about $4.9 billion in cash, subject to regulatory approval. DaVita operates nearly 300 clinics across a half-dozen states, including C...
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