According to a Federal Trade Commission notice reviewed by the Star Tribune, UnitedHealth’s acquisition of the 63,000-member health plan includes Baton Rouge, La.-based Capital City Medical Group. At least seven physicians are practicing at the group’s clinics near Baton Rouge and New Orleans.
Financial terms of the deal, which was announced in June, were not disclosed.
UnitedHealth’s Optum arm has quietly been adding providers to its ranks since its acquisition of 250 Las Vegas-area physicians in 2008. UnitedHealth’s 32,000 employed or aligned physicians care for 15 million patients each year.
More articles on payers:
AMA urges Justice Department to block CVS-Aetna deal
Molina posts $202M profit after major restructure
Cigna blasts Carl Icahn for opposing proposed Express Scripts deal
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.
