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Workplace of Public Affairs | Justice Department Requires Broad Divestitures to Resolve Problem to UnitedWell being’s Acquisition of Amedisys

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The Justice Department’s Antitrust Division, along with its state co-Plaintiffs, filed a proposed settlement right now requiring broad divestitures to resolve Plaintiffs’ problem to UnitedWell being Group Incorporated’s (UnitedWell being) $3.3 billion acquisition of Amedisys Inc. In addition, Amedisys would pay a $1.1 million civil penalty to the United States for falsely certifying that it had supplied “true, correct, and complete” responses underneath the Hart-Scott-Rodino (HSR) Antitrust Improvements Act of 1976.

“In no sector of our economy is competition more important to Americans’ well-being than healthcare. This settlement protects quality and price competition for hundreds of thousands of vulnerable patients and wage competition for thousands of nurses,” mentioned Assistant Attorney General Abigail Slater of the Justice Department’s Antitrust Division. “I commend the Antitrust Division’s Staff for doggedly investigating and prosecuting this case on behalf of seniors, hospice patients, nurses, and their families.”

The proposed settlement would require UnitedWell being and Amedisys to divest 164 dwelling well being and hospice places (together with one affiliated palliative care facility) throughout 19 states, accounting for roughly $528 million in annual income. By variety of amenities, the settlement would safe the most important divestiture of outpatient healthcare providers to resolve a merger problem. In addition, the proposed settlement would:

  • Obligate UnitedWell being to divest eight further places if it fails to acquire regulatory approval for the divestiture of related amenities with out the extra places;
  • Impose a monitor to oversee UnitedWell being’s divestiture of the property and compliance with the consent decree;
  • Provide the divestiture consumers with the property, personnel, and relationships to compete in opposition to UnitedWell being within the overlap areas;
  • Incorporate sturdy protections to strengthen adherence to the decree and deter interference with the divestiture consumers’ skill to compete; and
  • Require Amedisys to pay a $1.1 million civil penalty and prepare its company and subject management on antitrust compliance for falsely certifying that the corporate had honestly, appropriately, and fully responded to the United States’ requests for paperwork.

The map beneath exhibits the places of the divested dwelling well being and hospice places underneath the decree:

As required by the Tunney Act, the proposed settlement, together with a aggressive affect assertion, might be revealed within the Federal Register. Any individual ought to submit written feedback in regards to the proposed settlement inside 60 days following the publication to Jill Maguire, Acting Chief, Healthcare and Consumer Products Section, Antitrust Division, U.S. Department of Justice, 450 Fifth Street NW, Suite 4100, Washington, DC 20530. At the conclusion of the general public remark interval, the U.S. District Court for the District of Maryland could enter the ultimate judgment upon discovering it’s within the public curiosity.

UnitedWell being is a vertically built-in insurer, healthcare supplier, pharmacy profit supervisor, and healthcare software program and providers vendor headquartered in Eden Prairie, Minnesota.  UnitedWell being acquired Amedisys’s dwelling well being and hospice rival LHC Group Inc. (LHC) in 2023. Amedisys is a house well being and hospice providers supplier headquartered in Baton Rouge, Louisiana.


This web page was created programmatically, to learn the article in its unique location you possibly can go to the hyperlink bellow:
https://www.justice.gov/opa/pr/justice-department-requires-broad-divestitures-resolve-challenge-unitedhealths-acquisition
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