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Optum to Purchase DaVita Medical Group for $4.9B
06 December 2017, 07:26 | Cesar Cruz
UnitedHealth to Buy DaVita's Physician Group For $4.9 Billion Cash
Optum, part of UnitedHealth Group (UNH), said that it agreed to buy DaVita Medical Group, a subsidiary of DaVita Inc. That deal stands in contrast to the UnitedHealth mix, which involves a PBM in addition to health coverage and, now increasingly, physicians.
"Combining DaVita Medical Group and Optum advances our shared goal of supporting physicians in delivering exceptional patient care in innovative and efficient ways while working with more than 300 health care payers across Optum in ways that better meet the needs of their members", Optum CEO Larry C. Renfro said in a statement.
UnitedHealth's Optum division already has the ability to provide care directly to patients through its "strategic care delivery portfolio", including its Surgical Care Affiliates network of surgical centers, its MedExpress network of urgent-care centers, and its HouseCalls program to provide annual visits to patients at home.
At a time of increasing uncertainty in the health care marketplace, insurers, hospitals, doctors and drugstores are looking outside their traditional businesses to join forces.
DaVita Medical Group includes around 280 clinics offering primary and specialist care, as well as 35 urgent-care centers and six outpatient surgery centers.
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