M&A Deal Summary

UnitedHealth Acquires Sierra Health Services

On March 12, 2007, UnitedHealth acquired healthcare services company Sierra Health Services for 2.6B USD

Acquisition Highlights
  • This is UnitedHealth’s 2nd transaction in the Healthcare Services sector.
  • This is UnitedHealth’s 6th largest (disclosed) transaction.
  • This is UnitedHealth’s 7th transaction in the United States.
  • This is UnitedHealth’s 1st transaction in Nevada.

M&A Deal Summary

Date 2007-03-12
Target Sierra Health Services
Sector Healthcare Services
Buyer(s) UnitedHealth
Deal Type Merger
Deal Value 2.6B USD
Advisor(s) Lehman Brothers, Inc. (Financial)

Target

Sierra Health Services

Las Vegas, Nevada, United States
Sierra Health Services, Inc. is a diversified healthcare company. Sierra provides and administers the delivery of managed care benefit plans for employers, government programs and individuals. Sierra defines managed healthcare as quality care delivered in an organized and cost-effective manner, requiring providers, insurers and members to work together.

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Buyer(S) 1

Buyer

UnitedHealth

Minnetonka, Minnesota, United States

Category Company
Founded 1974
Sector Healthcare Services
Employees440,000
Revenue 371.6B USD (2023)
DESCRIPTION
UnitedHealth Group's corporate headquarters in Minnetonka, Minnesota.
UnitedHealth Group's corporate headquarters in Minnetonka, Minnesota.

UnitedHealth is a diversified healthcare company. With a suite of health benefits and services, the company serves millions of individuals, employers, and government organizations. UnitedHealth operates through two primary businesses: UnitedHealthcare, which offers a range of health insurance plans and services, and Optum, which provides healthcare solutions focused on improving healthcare delivery, affordability, and outcomes. Through its network of healthcare providers, advanced analytics, and technology-driven solutions, UnitedHealth looks to make healthcare more accessible, efficient, and patient-centered, ultimately transforming the way healthcare is delivered and experienced. UnitedHealth was formed in 1974 and is based in Minnetonka, Minnesota.


DEAL STATS #
Overall 7 of 16
Sector (Healthcare Services) 2 of 7
Type (Merger) 1 of 2
State (Nevada) 1 of 1
Country (United States) 7 of 14
Year (2007) 1 of 2
Size (of disclosed) 6 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-07-06 PacifiCare Health Systems

Cypress, California, United States

PacifiCare Health Systems is one of the US's largest consumer health organizations with nearly 3.2 million health plan members and approximately 11.3 million specialty plan members nationwide. PacifiCare offers individuals, employers and Medicare beneficiaries a variety of consumer-driven health care and life insurance products. Specialty plan operations include behavioral health, dental and vision, and complete pharmacy benefit management through its wholly owned subsidiary, Prescription Solutions.

Buy $8.1B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-11-02 Fiserv s Health Business

United States

Fiserv's Health Businesses consist of Fiserv Health Plan Administration, a Third Party Administrator (TPA) of self-funded health plans; Fiserv Health Plan Management, an outsourcing service for mid-sized health plans and health care payer organizations; Innoviant, a prescription benefits administrator; Innoviant Pharmacy, a prescription mail-order service; Avidyn Health, a care management company; and four other components of Fiserv Health's ancillary businesses.

Buy $775M