According to a Federal Trade Commission notice reviewed by the Star Tribune, UnitedHealth’s acquisition of the 63,000-member health plan includes Baton Rouge, La.-based Capital City Medical Group. At least seven physicians are practicing at the group’s clinics near Baton Rouge and New Orleans.
Financial terms of the deal, which was announced in June, were not disclosed.
UnitedHealth’s Optum arm has quietly been adding providers to its ranks since its acquisition of 250 Las Vegas-area physicians in 2008. UnitedHealth’s 32,000 employed or aligned physicians care for 15 million patients each year.
More articles on payers:
AMA urges Justice Department to block CVS-Aetna deal
Molina posts $202M profit after major restructure
Cigna blasts Carl Icahn for opposing proposed Express Scripts deal
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
