US health insurer UnitedHealth Group Inc on Wednesday announced a $4.9 billion deal to buy a unit of DaVita Inc, looking to bolster its primary and urgent care services. The all-cash deal is UnitedHealth's second major acquisition in 2017 that aims to broaden its reach beyond insurance and boost its outpatient care services through a large network of clinics. UnitedHealth bought Surgical Care Affiliates for about $2.3 billion in March. The deal with Denver-based DaVita, which mainly provides dialysis services, will combine UnitedHealth's Optum unit with ...
UnitedHealth to acquire DaVita's primary care unit for $4.9 bn
Acquisition to be US health insurer's second major deal after it bought Surgical Care Affiliates for around $2.3 bn
Reuters Last Updated at December 6, 2017 19:57 IST