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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


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 DaVita's ...

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First Published: Wed, December 06 2017. 19:56 IST