UnitedHealthcare sells land previously designated for Optum for $1.4M

Minnetonka, Minn.-based UnitedHealthcare sold about 3.5 acres of land in Eden Prairie, Minn., for $1.4 million, according to a Minneapolis/St. Paul Business Journal report.

Advertisement

UnitedHealth Group, the parent company of UnitedHealthcare, purchased the land to provide more space for its Optum healthcare services and technology unit, according to the report.  

Cardinal Glass Industries, a residential glass manufacturer and supplier, purchased the land from UnitedHealthcare.  

More articles on payer issues:
8 Humana executives sell $66.4M in company stock
UnitedHealth Group to lay off 119 Optum employees
CMS proposes delaying file deadline for 2018 ACA exchange plans


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.

Advertisement

Next Up in Transactions & Valuation Issues

Advertisement

Comments are closed.