The request also extends the waiting period the FTC is allowed to challenge the proposal under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 until the 30th day after “substantial compliance” with the request.
UnitedHealth first announced its intention to acquire the Lafayette, La.-based home-health and hospice provider for $5.4 billion in March. If approved, the purchase will strengthen UnitedHealth’s ability to provide value-based care within a patient’s home, the companies said in a March 29 news release. LHC has operations in 37 states and cares for more than 500,000 patients annually.
At the Becker's 5th Annual Fall Payer Issues Roundtable, taking place November 2–3 in Chicago, payer executives and healthcare leaders will come together to discuss value-based care, regulatory changes, cost management strategies and innovations shaping the future of payer-provider collaboration. Apply for complimentary registration now.