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Announced

Completed

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

Financials

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Transaction Value£4,115m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales2.5x
EV/EBITDA26.08x
Share Price Premium8.1%
One Off Charge-

Tags

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health care services

Friendly

Single Bidder

Domestic

Acquisition

Majority

Health Care Services

Public

United States

Completed

Synopsis

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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.

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