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UnitedHealth to Pay $5.4 Billion for Home-Health Company LHC

  • Deal expands health giant’s reach into home-based care
  • LHC Group to combine with United’s Optum Health division
meds home health care
Photographer: Scott Eells/Bloomberg
Updated on

UnitedHealth Group Inc. agreed to pay about $5.4 billion in cash to add home-health provider LHC Group Inc. to its wide range of insurance and medical services. 

Under the terms of the proposed deal, UnitedHealth will pay $170 a share for LHC, the companies said in a statement on Tuesday. That’s about 8% higher than LHC’s closing price Monday. LHC would become part of UnitedHealth’s Optum Health unit.