Tag: Optum
Option Care-Amedisys acquisition falls through
June 26, 2023HME News Staff
BANNOCKBURN, Ill. – Option Care Health announced today that it has terminated its $3.6 billion merger with Amedisys, just weeks after Optum made an unsolicited bid for the home health care provider.
Option Care Health says it will receive a $106 million termination fee.
"While we are disappointed in this outcome, Option Care Health has a long track record of delivering value for our shareholders," said John C. Rademacher, president and CEO. "We take a disciplined approach...
Focus on post-acute care circles HME
June 19, 2023Liz Beaulieu, Editor
Recently, I wrote about the news that Humana has contracted with AdaptHealth and Rotech Healthcare to provide HME products and services to its Medicare Advantage HME members.
Now, another giant health care company is making waves in the HME industry: Optum, which has been a subsidiary of UnitedHealthcare since 2011 and which earlier this year bought LHC Group for a reported $5.4 billion.
LHC Group has 30,000 employees delivering home health, hospice, home- and community-based services,...
In brief: Optum makes play for Amedisys, FDA updates Philips report count
June 7, 2023HME News Staff
EDEN PRAIRIE, Minn., and BATON ROUGE, La. – Optum has submitted an all-cash proposal to buy Amedisys, despite Option Care Health announcing last month that it was merging with the home health and hospice provider.
“Amedisys’ commitment to quality and care innovation within the home, and the patient-first culture of its people, combined with Optum’s deep value-based care expertise can drive meaningful improvement in the health outcomes and experiences of more patients...
Optum makes play for Amedisys
June 5, 2023HME News Staff
EDEN PRAIRIE, Minn., and BATON ROUGE, La. – Optum has submitted an all-cash proposal to the board of directors of Amedisys to combine with the company in an effort to advance value-based care.
“Amedisys’ commitment to quality and care innovation within the home, and the patient-first culture of its people, combined with Optum’s deep value-based care expertise can drive meaningful improvement in the health outcomes and experiences of more patients at lower costs, leading...
In brief: Journey Health buy, Philips complaint count, AI-based HST
February 17, 2023HME News Staff
RICHMOND, Va., and SAN DIEGO – Journey Health & Lifestyle Brands has acquired LifeWalker Mobility Products, the manufacturer and distributor of the UPWalker family of products.
The acquisition, as well as additional growth capital for the combined companies, was funded by Peloton Equity and other existing investors in Journey Health, including Escalate Capital.
“We are excited to bring LifeWalker's revolutionary UPWalker products into the Journey family,”...
NHIA announces Optum exec as award recipient
February 15, 2023HME News Staff
ALEXANDRIA, Va. – The National Home Infusion Association has named Penny Allen, RD, CNSC, FASPEN, FNHIA, as the recipient of the 2023 Gene Graves Lifetime Achievement Award.
As vice president of nutrition support for Optum Infusion Pharmacy, Allen leads clinical programs focused on achieving better health outcomes for patients with malnutrition. With more than 30 years of experience in the industry, her clinical expertise and unwavering commitment to patient care has put her in the...
In brief: Clayback to step down, health spending slows, Optum buys home care provider
April 1, 2022HME News Staff
EAST AMHERST, N.Y. – Don Clayback will step down as executive director of NCART on Sept. 30 after 13 years leading the organization.
“I am truly grateful for the opportunities I have had at NCART to help protect and improve access to CRT for people with disabilities,” said Clayback. “It has been an honor to advocate to ensure the children and adults we serve receive the highest quality equipment and supporting services they deserve to live full and independent lives....
Optum buys home health provider
March 29, 2022HME News Staff
EDEN PRAIRIE, Minn., and LAFAYETTE, La. – Optum, part of UnitedHealth Group, has agreed to buy LHC Group, a home health provider, for $170 per share of common stock in a play to extend value-based care into the homes of patients.
LHC Group’s history of quality home and community-based care matched with Optum’s extensive value-based care experiences and resources will accelerate the combined company’s ability to deliver integrated care, improving outcomes and patient...
SuperCare renews Optum contract
May 26, 2021HME News Staff
DOWNEY, Calif. – SuperCare Health has renewed its contract with Optum to provide respiratory care services, equipment and supplies for its members in Southern California. “We are honored that Optum has extended our contract,” said John Cassar, CEO. “This continues to strengthen our long-term partnership with Optum, and it will bring even more innovative solutions like our COVID-19 Telemonitoring, iBreathe, and Home Sleep Testing Programs...
Optum, Change Healthcare join forces to streamline health care
January 7, 2021HME News Staff
EDEN PRAIRIE, Minn., and NASHVILLE, Tenn. – Optum, a division of UnitedHealth Group, and Change Healthcare have agreed to merge, combining two technology companies focused on serving health care.
Optum is a diversified health services company; Change Healthcare is a health care technology provider. Together, they will provide software and data analytics, technology-enabled services and research, advisory and revenue cycle management offerings.
“Together we...