News Briefs

✦ UnitedHealth Group will acquire fellow Minnesota-based health plan PreferredOne from University of Minnesota-affiliated provider Fairview Health Services, according to the Minneapolis Star-Tribune. UnitedHealth will take on nearly 280,000 members, according to AIS Health’s Directory of Health Plans. PreferredOne’s main emphasis is on the self-funded employer market, with approximately 230,000 lives enrolled in that book. Terms were not disclosed, though the Star-Tribune reported that “the financial impact from the sale [to Fairview] is ‘north of $100 million.’”

✦ The Dept. of Justice on Aug. 7 forged a timing agreement with UnitedHealth and Change Healthcare Inc., indicating how long the investigation into their proposed transaction will last. The two firms will file additional information with DOJ, and they have also agreed not to complete the transaction before Jan. 13, 2022 — unless DOJ concludes its investigation and authorizes the deal before then. The agreement came amid ongoing rumors that DOJ would sue to block the deal.

0 Comments
© 2022 MMIT
AIS Health Staff

AIS Health Staff

Related Posts

golden-gate-bridge
September 23

West Coast Public Sector Plan Sponsors Will Coordinate More Closely Through Purchaser Group

READ MORE
remote-patient-monitoring-and-phone
September 23

Spike in Remote Patient Monitoring During Pandemic Is Driven by a Fraction of Providers

READ MORE
humana-headquarter
September 23

Humana Will Buy One Primary Care Group — and Could Snap Up Another

READ MORE

GAIN THERAPEUTIC AREA-SPECIFIC INTEL TO DRIVE ACCESS FOR YOUR BRAND

Sign up for publications to get unmatched business intelligence delivered to your inbox.

subscribe today