UNITEDHEALTH GROUP INC acquired Change Healthcare Inc. for $13.9 billion in cash (including payoff of Change's outstanding debt), a transaction completed in October 2022, structured as all cash.
Change Healthcare Inc. operates in OptumInsight, is based in Nashville, Tennessee, USA. Change Healthcare was a Nashville-based health care technology company (NASDAQ: CHNG) providing software and data analytics, technology-enabled services, and revenue cycle management that connect clinical, administrative, and payment processes across payers and providers. It was combined with OptumInsight.
Combining Change Healthcare's technologies, connections, and clinical/administrative/financial support with OptumInsight's analytics and clinical expertise to connect and simplify core clinical, administrative, and payment processes at lower cost.
Deep interoperability and transaction connectivity across the US health system. Connecting and simplifying core clinical, administrative and payment processes across payers and providers. OptumInsight
Together we will help streamline and inform the vital clinical, administrative and payment processes on which health care providers and payers depend to serve patients.Andrew Witty, President, UnitedHealth Group and CEO, Optum
Advisory firms were not disclosed for this transaction.