UNITEDHEALTH GROUP INC acquired The Advisory Board Company (health care business), a transaction announced in August 2017, structured as combination. The deal was a Carve-out.
The Advisory Board Company (health care business) operates in OptumInsight, is based in Washington, D.C. / Boston, Massachusetts, USA. The Advisory Board Company (NASDAQ: ABCO) combined research, technology, and consulting to improve health care organizations' performance, serving more than 4,000 members. Optum acquired its health care business; the company's education business was sold separately to Vista Equity Partners.
Combining The Advisory Board Company's data-driven research and advisory capabilities with Optum's data analytics and technology to help members respond to changing market dynamics.
Trusted research-and-advisory relationships with thousands of provider members. Preserves research objectivity while broadening advisory and technology capacity delivered to members. OptumInsight
The Advisory Board Company is a strong fit for Optum because they share our mission of making the health care system work better for everyone.Larry Renfro, CEO, Optum
Joining Optum will enable us to better serve our members, thanks to Optum's unmatched data analytics resources, investment capacities and operational experience.Robert Musslewhite, CEO, The Advisory Board Company
Advisory firms were not disclosed for this transaction.