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Tribune News Service
Tribune News Service
Business
Christopher Snowbeck

UnitedHealth Group paying $5.4B for Louisiana-based home health firm

UnitedHealth Group is paying $5.4 billion to acquire LHC Group, a Louisiana-based home care company, in a deal that pushes the Minnetonka-based health care giant further into direct patient care.

Assumption of some debt takes the total value of the deal to about $6 billion.

The purchase marks the first acquisition by UnitedHealth Group of a traditional home care agency, although the company in recent years has made other moves to provide more care in patient homes.

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