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Stock impact report

DOJ Lawsuit Questions UnitedHealth's $3.3 Billion Amedisys Deal [Yahoo! Finance]

Amedisys Inc (AMED) 
Last amedisys inc earnings: 2/18 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.amedisys.com
Company Research Source: Yahoo! Finance
AMED, arguing that the merger would hurt competition in the home health and hospice care market. According to the DOJ, merging UnitedHealth's Optum unit, a major provider in this sector, with Amedisys could limit patient choices and reduce competitive pay for nurses. It is also expected to decrease options for insurers. This reduced competition might lead to higher costs and limited access to affordable home health care for seniors. Per Bloomberg, attorneys general from four states — Maryland, Illinois, New Jersey, and New York — have joined the DOJ's complaint. Last year, UnitedHealth acquired LHC Group for $5.4 billion, another large home health provider, increasing its influence in this sector. The DOJ suggests that UnitedHealth's acquisitions reflect a strategy of buying competitors rather than competing directly, potentially giving it control over multiple markets. However, UnitedHealth's Optum division expects that the acquisition would foster industry innovation and impro Show less Read more
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