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UnitedHealth bags Amedisys for $3.3 billion as home health firm scraps Option deal

By Reuters  
   June 28, 2023

Home health and hospice caregiver Amedisys agreed to a $3.3 billion sweetened cash offer from UnitedHealth Group.  UnitedHealth is buying the company for $101 per share, which is a dollar higher than its previous offer and above the $97.38 per share all-stock deal with Option Care in May. Interest in the home health sector has been rising since the pandemic as more patients and caregivers prefer accessing medical services from the safety of their homes. The acquisition will expand UnitedHealth's presence in home healthcare, a business it bolstered this year through a $5.4 billion deal to buy Amedisys' rival, LHC Group.

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