Industry Bulletins | December 6, 2017
Optum To Acquire DaVita Medical Group For $4.9 Billion
UnitedHealth Group, in an effort to expand its outpatient care services, recently acquired DaVita’s medical unit for $4.9 billion. The acquisition entails DaVita being combined with UnitedHealth’s Optum.
Statements from Optum leadership emphasize that the acquisition will advance its shared goals of supporting provider organizations in delivering exceptional care in innovative and efficient ways. The acquisition follows DaVita losing $5 million in operating costs for the third quarter of 2017.
DaVita Inc., a Fortune 500 company, is the parent company of DaVita Kidney Care and DaVita Medical Group. DaVita Kidney Care is a leading provider of kidney . . .