UnitedHealthcare Group, Inc. (NYSE:UNH) has announced that it will acquire the licensed subsidiaries of Health Net of the Northeast. The acquisition will also include rights to renew the Health Net’s membership in Connecticut, New York and New Jersey. All regulatory approvals required for the completion have been received.
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A diversified health and well being company, UnitedHealth Group operates in four segments, Health Care Services, OptumHealth, Ingenix and Prescription Solutions. Its Health Care Services segment is comprised of UnitedHealthCare, Ovations, and AmeriChoice businesses. Its OptumHealth serves 60 million individuals offering health, financial and ancillary benefit services and products to help consumers navigate the healthcare system and accessing services.
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