UnitedHealth-backed Optum completed the acquisition of LHC Group for $5.4bn.

UnitedHealth-backed Optum, a diversified health services company, completed the acquisition of LHC Group, a provider of post-acute health care services to patients through its home nursing agencies, community-based services agencies, hospice agencies, and long-term acute care hospitals, for $5.4bn. “LHC Group’s sophisticated care coordination capabilities and its warm, human touch is so important for home care, and will greatly enhance the reach of Optum’s value-based capabilities along the full continuum of care, including primary care, home and community care, virtual care, behavioral health and ambulatory surgery. We greatly admire how the people of LHC Group have created a culture that enables them to be a trusted health care partner to patients and their families when they need it the most, and we look forward to working with and learning from them," Wyatt Decker, Optum CEO.