M&A

LHC Group shareholders gave their approval for the Lafayette, La.-based home health firm to be purchased by UnitedHealth Group's Optum unit, The Advocate reported June 21. 

The Federal Trade Commission is requesting additional information regarding the proposed acquisition of the LHC Group by UnitedHealth Group's Optum, according to Securities and Exchange Commission documents filed June 10.

Lehi, Utah-based brokerage firm PCF Insurance Services has acquired West Covina, Calif.-based Mike Haffar Insurance Services, an insurance and risk advising firm for providers.

Millennium Trust Co. completed its acquisition of PayFlex Holdings from CVS Health on June 1 for an undisclosed amount.

SCAN Group, the parent company of Medicare Advantage provider SCAN Health Plan, has acquired the Residentialist Group, a Laguna Hills, Calif.-based provider of in-home clinical services to older adults. 

Medica paid nearly $233 million in 2021 to buy a 55 percent stake in Madison, Wis.-based Dean Health Plan, according to the Star Tribune

Anthem has completed its acquisition of Integra Managed Care, purchasing the Lake Success, N.Y.-based managed care company for an undisclosed amount.

Humana is selling a 60 percent stake in its Kindred at Home hospice and personal care business to the private equity firm Clayton, Dubilier & Rice. 

UnitedHealth Group and its subsidiary Optum have proposed several acquisitions and partnerships recently, giving a glimpse into its mergers and acquisitions growth strategy. 

UnitedHealth Group's Optum unit has agreed to buy Lafayette, La.-based home-health firm LHC.