AM Best Comments on Credit Ratings of UnitedHealth Group Incorporated and Subsidiaries Following Announcement of LHC Group Inc. Acquisition
AM Best has commented that the Credit Ratings (ratings) of UnitedHealth Group Incorporated (UnitedHealth Group) (Minnetonka, MN) (NYSE:UNH) and its insurance subsidiaries remain unchanged following the announcement that the group will acquire LHC Group Inc. (LHC) (Lafayette, LA) (NASDAQ:LHCG), a national provider of home-health care services. The outlooks of the ratings remain stable.
LHC is to be combined with UnitedHealth Group's Optum Health operations. The combination of LHC and Optum Health will aim to strengthen its presence for in-home care, which when facilitated through Optum Health's value-based care and experience, could become a lower-cost alternative to nursing homes and a way