Change Healthcare and Optum Extend Merger Agreement
05 Abril 2022 - 5:00AM
Business Wire
Combination will benefit patients, payers and
providers by lowering costs and improving experiences
Optum, a diversified health services company, and Change
Healthcare (NASDAQ: CHNG), a health care technology leader, have
agreed to extend their merger agreement to December 31, 2022.
In a joint statement, the companies said: “The extended
agreement reflects our firm belief in the potential of our
combination to improve health care, and in our commitment to
contesting the meritless legal challenge to this merger.”
Change Healthcare and Optum share a vision for achieving a
simpler, more intelligent and adaptive health system for patients,
payers and providers. The combination of Optum and Change
Healthcare will connect and simplify the core clinical,
administrative and payment processes health care providers and
payers depend on to serve patients. Increasing efficiency and
reducing friction will benefit the entire health system, resulting
in lower costs and a better experience for all stakeholders.
Change Healthcare and Optum will detail the benefits of this
combination at a two-week trial scheduled to begin on August 1. The
U.S. Department of Justice’s attempt to block the combination is
without merit and serves only to delay improving the experience and
outcomes for all participants in the health system.
As part of the extension, Optum will pay a $650 million fee to
Change Healthcare in the event the merger is unable to be completed
because of the court’s decision. Change Healthcare will pay a
special cash dividend of $2.00 per share to its shareholders at or
about the time of the closing.
About Optum
Optum is a leading information and technology-enabled health
services business dedicated to helping make the health system work
better for everyone. With more than 190,000 people worldwide, Optum
delivers intelligent, integrated solutions that help to modernize
the health system and improve overall population health. Optum is
part of UnitedHealth Group (NYSE: UNH). For more information, visit
www.Optum.com.
About Change Healthcare
Change Healthcare (NASDAQ: CHNG) is a leading healthcare
technology company focused on insights, innovation, and
accelerating the transformation of the U.S. healthcare system
through the power of the Change Healthcare Platform. We provide
data and analytics-driven solutions to improve clinical, financial,
administrative, and patient-engagement outcomes in the U.S.
healthcare system.
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version on businesswire.com: https://www.businesswire.com/news/home/20220405005507/en/
UnitedHealth Group Investor Relations Zack Sopcak (952)
936-7215 zack.sopcak@uhg.com Optum Media Relations Gwen
Holliday (202) 549-3429 gwen.m.holliday@optum.com Change
Healthcare Investor Relations David Elliott (205) 907-5540
daelliott@changehealthcare.com Change Healthcare Media
Relations Katherine Wojtecki (630) 624-9142
katherine.wojtecki@changehealthcare.com
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