Unitedhealth Group Stock News

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The U.S. Justice Department filed a lawsuit on Thursday to stop UnitedHealth Group from buying Change Healthcare, arguing that the $7.84 billion deal would give the largest U.S. health insurer access to its competitors’ sensitive information. The all-cash deal was announced in January 2021 as a way for UnitedHealth to expand its fast-growing healthcare technology […]

Shares of UnitedHealth Group Inc. were down 1.7% in trading on Thursday after the Justice Department said it is suing to stop the health care company''s $13 billion acquisition of Change Healthcare Inc. . Change''s stock was up 1.9% in trading on Thursday. The lawsuit, which was filed in the U.S. District Court for the District of Columbia by the Justice Department and attorneys general in Minnesota and New York, alleges that the deal will dampen competition among commercial health insurers and give UnitedHealth access to competitive data gathered by a tool used to process claims. "Unless the deal is blocked, United stands to see and potentially use its health insurance rivals'' competitively sensitive information for its own business purposes and control these competitors'' access to innovations in vital health care technology," the Justice Department''s Doha Mekki said in a news release. The deal was announced in early 2021. Over the past year, UnitedHealth''s stock is up 35.9%, while Change shares are down 10.5%.

Federal regulators are suing to block UnitedHealth Group’s purchase of the technology company Change Healthcare.

The government alleges the proposed $13 billion acquisition would harm competition among health insurers and in the health care technology market.

The Justice Department filed a lawsuit on Thursday in a bid to stop health insurer UnitedHealth Group from buying Change Healthcare.

OptumRx, the pharmacy benefit manager unit of UnitedHealth Group Inc, has agreed to pay $5.8 million to resolve allegations by Massachusetts'' attorney general that it charged excessive prices for drugs covered by workers'' compensation insurance.

The antitrust lawsuit argues the $13 billion tie-up would lead to higher costs.

The antitrust lawsuit argues the $13 billion tie-up would lead to higher costs.

The U.S. Justice Department filed a lawsuit on Thursday in a bid to stop health insurer UnitedHealth Group from buying Change Healthcare .

The U.S. Justice Department on Thursday (Feb. 24) filed a lawsuit in U.S. District Court for the District of Columbia to block UnitedHealth Group subsidiary Optum's proposed $13 billion acquisition of

Shares of UnitedHealth Group Inc. UNH, -1.95% were down 1.7% in trading on Thursday after the Justice Department said it is suing to stop the health care company's $13 billion acquisition of Change He

The U.S. Justice Department plans to file a lawsuit on Thursday in a bid to stop health insurer UnitedHealth Group from buying Change Healthcare, according to a source familiar with the matter.

The agency's expected lawsuit against the deal for a health technology company would be the latest move by the Biden administration to quash corporate consolidation.