UnitedHealth Said Near $1.5 Billion Health Firm Deal

UnitedHealth Group Inc. is nearing an agreement to buy Executive Health Resources Inc., a medical services firm backed by Abry Partners LLC, for about $1.5 billion, said three people with knowledge of the talks.

UnitedHealth would add the Newtown Square, Pennsylvania- based company to its Ingenix database management and consulting unit, said the people, who spoke on condition of anonymity because the talks are private. It may be an all-cash transaction, one of the people said. An agreement could be days away and may still fall apart, the people said.