The performance likely reflects UnitedHealth’s plans to acquire Chilean insurance and clinic operator Banmedica SA and Washington, D.C.-based The Advisory Board’s healthcare division.
The deals reflect UnitedHealth’s diversification from its core health insurance business, which is highly regulated, to less regulated health service lines, Nasdaq reports.
More articles on payer issues:
Anthem considers exiting more ACA exchanges
Uninsured rate fell to 8.8% in 2016
Centene to absorb Fidelis in $3.75B deal
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