What many industry observers suggested is now confirmed: The Change Healthcare cyberattack earlier this year affected personal information of 100 million people, making it the nation’s largest-ever breach of healthcare data. Parent company UnitedHealthcare recently updated the Department of Health and Human Services’ Office for Civil Rights confirming the scope of the impact. However, it could be months or years before the department completes its investigation of Change and determines a financial penalty if it …
Read MoreDOJ Questions UnitedHealth’s Contracting Practices
The Department of Justice has launched an antitrust investigation into UnitedHealth Group, focusing on how the UnitedHealthcare insurance division influences its own Optum health-services arm, according to the Wall Street Journal. Optum’s portfolio includes physician groups and other providers, and the business line employs a total physician force of about 90,000, making it the largest physician employer in the country. The investigation is digging into how Optum’s acquisitions of physician groups impact competition, particularly in …
Read MoreOptum Plans Faster Urgent Care Growth Than Expected
Wall Street analysts have predicted that Optum would add 25 to 30 urgent care centers per year through acquisition and startups, but on a recent call with analysts the company predicted it would grow at a quicker pace on its way to operating clinics in 75 markets. A key step in that strategy, as we reported, was buying MedExpress for the urgent care centers it operates in 14 states. Optum still says those locations will …
Read MoreUnitedHealth Group’s Optum Keeps Buying Medical Properties
Optum has followed up its acquisition of urgent care provider MedExpress by buying a chunk of ProHealth Physicians, an independent physician group based in Connecticut. Optum, a subsidiary of UnitedHealth Group, has been on a healthcare shopping spree over the past two years. The latest deal gives Optum control over ProHealth’s administration and other backend operations. The primary-care medical group will continue to be physician-owned, however. ProHealth has stated its plans to move toward risk-based …
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