Justice Department sues to block UnitedHealth Group's $3.3 billion purchase of Amedisys [Yahoo! Finance]
Amedisys Inc (AMED)
Last amedisys inc earnings: 2/18 04:15 pm
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Source: Yahoo! Finance
The antitrust complaint was filed in Maryland federal court Tuesday. In a statement, U.S. Attorney General Merrick Garland said the government is challenging UnitedHealth and Amedisys' proposed merger because “patients and their families experiencing some of the most difficult moments of their lives deserve affordable, high quality care options.” The suit follows UnitedHealth's acquisition of LHC Group Inc. , another home health and hospice provider. Since that transaction's completion last year, the Justice Department said, UnitedHealth and Amedisys have emerged as the two largest providers of home health and hospice care in the country. The department argues that eliminating competition between UnitedHealth and Amedisys “would harm patients who receive home health and hospice services, insurers who contract for home health services, and nurses who provide home health and hospice services.” Four states' attorneys general — from Maryland, Illinois, New Jersey and New York — are
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AMED
News
- UnitedHealth's Optum Defends Multi-Billion Dollar Amedisys Deal, Ensures Competitive Landscape [Yahoo! Finance]Yahoo! Finance
- DOJ Lawsuit Questions UnitedHealth's $3.3 Billion Amedisys Deal [Yahoo! Finance]Yahoo! Finance
- DOJ sues UnitedHealth amid $3.3 billion bid to buy home care giant Amedisys [Yahoo! Finance]Yahoo! Finance
- DOJ sues UnitedHealth amid $3.3 billion bid to buy home care giant Amedisys [CBS News]CBS News
- DOJ sues to block UnitedHealth Group's $3.3 billion purchase of Amedisys [CNBC]CNBC
AMED
Earnings
- 11/6/24 - Miss
AMED
Sec Filings
- 11/13/24 - Form 3
- 11/7/24 - Form 4
- 11/7/24 - Form 144
- AMED's page on the SEC website