UnitedHealth Group Inc. has dropped out of the sales process for Envision Healthcare Corp. and is no longer interested in a deal for all or part of the medical services company, according to a person familiar with the matter.
The person asked not to be identified as the details of the process aren’t public. UnitedHealth had been interested in Envision’s ambulatory services unit, potentially as part of a deal involving private equity firms for the rest of the health-care company, Bloomberg reported last week.