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Tribune News Service
Tribune News Service
Business
Christopher Snowbeck

UnitedHealth Group completes $13 billion deal to acquire Change Healthcare

UnitedHealth Group has completed its acquisition of Tennessee-based Change Healthcare, a $13 billion dollar deal the Justice Department unsuccessfully tried to block this year on competitive grounds.

Change Healthcare is a health care data firm that's now a part of Optum, the division for health care services at Minnetonka-based UnitedHealth Group.

"The combination will connect and simplify the core clinical, administrative and payment processes health care providers and payers depend on to serve patients," the company said in a statement on Monday. "Increasing efficiency and reducing friction will benefit the entire health system, resulting in lower costs and a better experience for all stakeholders."

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