A district courtroom choose on Monday denied the Division of Justice’s (DOJ) request to halt the deliberate merger of UnitedHealth Group and well being care know-how firm Change Healthcare, in accordance with a courtroom submitting.
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The choice comes over six months after the DOJ first sued to dam the multi billion-dollar merger in February, arguing it might negatively impression competitors within the medical health insurance and claims-processing know-how markets. In the identical U.S. District Courtroom for the District of Columbia submitting, the choose additionally ordered UnitedHealth, which runs one of many U.S.’s largest well being insurers, and Change to divest the claims cost software program enterprise ClaimsXten to personal fairness agency TPG Capital.
“We respectfully disagree with the courtroom’s determination and are reviewing the opinion carefully to guage subsequent steps,” Assistant Lawyer Common Jonathan Kanter mentioned in a press release. “Defending competitors and entry to inexpensive healthcare is of the upmost significance to the Antitrust Division and the Division of Justice.”
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In the meantime, UnitedHealth instructed FOX Enterprise it was “happy with the choice and look[s] ahead to combining Change Healthcare as shortly as attainable in order that collectively we are able to proceed our work to make the well being system work higher for everybody.”
Change introduced in early January 2021 that it and Optum, a well being providers subsidiary of UnitedHealth, would mix. In April 2022, UnitedHealth mentioned the businesses had determined to increase the merger settlement to the top of December of this yr.
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