M&A Deal Summary

Optum Acquires LHC Group

On March 29, 2022, Optum acquired healthcare services company LHC Group for 5.4B USD

Acquisition Highlights
  • This is Optum’s 9th transaction in the Healthcare Services sector.
  • This is Optum’s largest (disclosed) transaction.
  • This is Optum’s 13th transaction in the United States.
  • This is Optum’s 1st transaction in Louisiana.

M&A Deal Summary
Date 2022-03-29
Target LHC Group
Sector Healthcare Services
Buyer(s) Optum
Deal Type Merger
Deal Value 5.4B USD
Advisor(s) Jefferies
Leerink Partners (Financial)

Target

LHC Group

Lafayette, Louisiana, United States
LHC Group is a provider of post-acute healthcare services, providing quality, cost-effective healthcare to patients within the comfort and privacy of their home or place of residence. LHC Group was founded in 1994 and is based in Lafayette, Louisiana.

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Buyer(S) 1

Buyer

Optum

Eden Prairie, Minnesota, United States
Category Company
Sector Information Technology
DESCRIPTION
Entrance to Optum's corporate headquarters in Eden Praire, Minnesota.
Entrance to Optum's corporate headquarters in Eden Praire, Minnesota.

Optum is an information and technology-enabled health services business dedicated to helping make the health system work better for everyone. Optum delivers intelligent, integrated solutions that help to modernize the health system and improve overall population health.

DEAL STATS #
Overall 13 of 16
Sector (Healthcare Services) 9 of 11
Type (Merger) 1 of 2
State (Louisiana) 1 of 2
Country (United States) 13 of 16
Year (2022) 2 of 3
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-24 Refresh Mental Health

Jacksonville Beach, Florida, United States

Refresh Mental Health through its centers provides comprehensive mental health services, while some specialize in eating disorders, substance abuse, Transcranial Magnetic Stimulation (TMS), and neurofeedback services. Refresh invests in clinical professionals. The company not only provides financial backing but also support practices with business and marketing infrastructure. Refresh Mental Health was formed in 2017 and is based in Jacksonville Beach, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-03 Change Healthcare

Nashville, Tennessee, United States

Change Healthcare is a provider of revenue and payment cycle management solutions, connecting payers, providers and patients in the U.S. healthcare system. Emdeon’s product and service offerings integrate and automate key business and administrative functions for healthcare payers and healthcare providers throughout the patient encounter, including pre-care patient eligibility and benefits verification, clinical exchange capabilities, claims management and adjudication, payment integrity, payment distribution, payment posting and denial management, and patient billing and payment processing. Change Healthcare was founded in 2007 and is based in Nashville, Tennessee.

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Mergr

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