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UnitedHealth buys DaVita's physician practices for $4.9 billion

The all-cash takeover will bulk up UnitedHealths growing business of clinics and physician practices, which it operates under the OptumCare name.

By Zachary Tracer, Bloomberg | Updated on December 06, 2017
Already the biggest U.S. health insurer, UnitedHealth has been expanding its front-line care business to take more control over how its insurance dollars are spent. (Photo: Shutterstock)

UnitedHealth Group Inc. will buy DaVita Inc.’s physician network business for $4.9 billion, adding hundreds of medical clinics to United’s growing business of not just paying for benefits but providing medical care directly.

The all-cash takeover will bulk up UnitedHealth’s growing business of clinics and physician practices, which it operates under the OptumCare name. Already the biggest U.S. health insurer, the company has been expanding its front-line care business to take more control over how its insurance dollars are spent.

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