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.