UnitedHealth and Amedisys End Sales of Medical Centers to VitalCaring

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UnitedHealth and Amedisys End Sales of Medical Centers to VitalCaring

Dow Jones01-09 06:32

By Katherine Hamilton

UnitedHealth Group and Amedisys have terminated their deal to sell medical centers to VitalCaring Group.

The deal, disclosed in June, was meant to offload some of the companies' assets as they explored a merger.

Health insurer United Health and home health company Amedisys were, at that time, in talks for a $3.3 billion merger. In November, the Justice Department filed an antitrust lawsuit to block the merger.

UnitedHealth delivered a notice on Jan. 3 terminating the purchase agreement with VCG Luna, a subsidiary of the home health company VitalCaring Group. On Wednesday, the companies entered into an agreement allowing for the mutual release of all claims against each other relating to the purchase agreement.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

January 08, 2025 17:32 ET (22:32 GMT)

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