DOJ sues to block UnitedHealth's $3.3B Amedisys buy, citing reduced home healthcare competition.

The U.S. Justice Department has filed a lawsuit to block UnitedHealth Group’s $3.3 billion acquisition of Amedisys, arguing the merger would reduce competition in home healthcare and harm patients, insurers, and healthcare workers. Despite UnitedHealth's claim that the deal would promote innovation, the lawsuit aims to prevent potential antitrust issues in the sector. Amedisys’ plan to sell over 100 locations to appease regulators failed, leading to a 5% drop in its share prices.

November 12, 2024
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