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VisitHow will UnitedHealth's stock price be affected by the Amedisys lawsuit by end of 2024?
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DOJ and Three US States File Lawsuit to Block UnitedHealth's $3.3 Billion Acquisition of Amedisys
Nov 12, 2024, 05:03 PM
The US Department of Justice (DOJ) and three US states have filed a lawsuit to block UnitedHealth Group's $3.3 billion acquisition of Amedisys. The DOJ argues that the proposed deal would harm competition in the market for home health and hospice services, potentially giving UnitedHealth too much power in this sector. The lawsuit, which the DOJ had been preparing and leaning towards filing as early as this week, reflects growing regulatory scrutiny over large mergers in the healthcare industry, with concerns that such consolidations could lead to higher prices and reduced service quality for consumers.
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