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UnitedHealth Is Among Suitors Circling Tenet's Conifer Business

July 19,2018 12:17

Conifer would come under a different segment of Optum's business, which serves as a contractor and consultant to health-care providers, particularly hospital systems. Earlier, Optum bought the health-care business of the Advisory Board Co., an adviser ...and more »

UnitedHealth Group Inc. is among suitors exploring an acquisition of Tenet Healthcare Corp.’s health-care-management subsidiary, according to people familiar with the matter, as the industry giant pursues further expansion.
Tenet, one of the largest U.S. hospital companies, has said it would weigh a sale of the unit, Conifer Health Solutions, which provides services to hospitals and physician groups. Tenet said it would make a decision in the first half of 2018 on Conifer, which accounted for about 8% of its revenue last...

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