Anonymous ID: d16306 Dec. 4, 2024, 7:59 p.m. No.22110515   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>0526 >>0640 >>0749

DOJ blocks UnitedHealth Group and Amedisys merger

 

November 25, 2024

 

"The U.S. Department of Justice, joined by Attorneys General from Maryland, Illinois, New Jersey, and New York*, filed a civil antitrust lawsuit in the District of Maryland to block UnitedHealth Groupโ€™s proposed $3.3 billion acquisition of Amedisys Inc., a major home health and hospice care provider.

 

The lawsuit alleges that the merger would harm competition in the U.S. healthcare market and reduce options for patients and healthcare workers. The DOJ claims that the merger between UnitedHealth and Amedisys would create a dominant market player and reduce competition in the home health and hospice care industry. UnitedHealthโ€™s previous acquisition of LHC Group, another large home health provider, already gave the company a significant market share."

 

https://theticker.org/15444/business/doj-blocks-unitedhealth-group-and-amedisys-merger/

 

*Just happen to have the highest estate taxes in the US, Why? Amedisys is one of the largest providers ofHospice Care. Because coincidence.