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The Advocate
Friday, August 18th, 2023
 
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How UnitedHealth Group wooed this Louisiana company into a merger

by Adam Daigle | Acadiana business editor​ ​ ​

Happy Friday, Acadiana business news readers. It's going to be hot this weekend, but what else is new? So let's get to the headlines.

You may remember UnitedHealth's gobbling up of Lafayette-based LHC Group. The Minnesota health care conglomerate had made acquisition overtures to Amedisys, the Baton Rouge home health provider, as far back as 2021, according to Securities and Exchange Commission filings.

The two flirted but parted ways in October that year. In swooped a new beau — Option Care Health. The Illinois infusion therapy firm took Amedisys to dinner and flattered them. After some courtship and bargaining, they got engaged in May.

A few weeks later, UnitedHealth Group was back in the picture with a better offer. Amedisys called it off with Option Care Health in June and announced its impending nuptials with UnitedHealth Group.

Check out the story here. 

Thanks for reading and have a great weekend. 

 
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6 to receive grant funding for buildings in downtown Opelousas

Six recipients in Opelousas will receive grant funding dedicated to rehabilitating commercial buildings downtown. Read more

'Skin in the game?' Judge disqualifies Louisiana representative candidate over domicile concerns.

A judge disqualified a Louisiana representative candidate because he did not meet the domicile timeframe required by the state's constitution. Read more

Building permits for Aug. 9-15: Wild Child Wines expansion, old Walgreens space gets a new tenant

Commercial alterations Read more

 
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