UnitedHealth beats Justice Dept on $13 billion deal for Change

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UnitedHealth Group's acquisition of Change Healthcare will move forward as planned after a federal judge denied the US Department of Justice's request to block the $13 billion deal.

of Change Healthcare will proceed, after a federal judge on Monday denied the Justice Department's efforts to block the deal on antitrust grounds.This is a huge win for UnitedHealth and perhaps an even bigger loss for the Biden administration.Judge Carl J.

Nichols also ordered UnitedHealth to divest payment integrity group ClaimsXten to TPG Capital for $2.2 billion in cash, as the company previously agreed to do.The DOJ alleged that the deal would give UHG access to its rival health insurers’ competitively sensitive data, plus unfair access to any future innovation by Change.UnitedHealth has long been known as an aggressive buyer, but its M&A spree accelerated in 2022.

 

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Slowly making our way to socialized medicine. It will be much easier to do so when you only have to the fight two companies that are left.

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