3/29, 1:01 PM (Source: TeleTrader)
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UnitedHealth to buy in-home healthcare firm LHC for $6B - report

UnitedHealth Group is close to reaching a deal to acquire in-home healthcare company LHC Group Inc. for around $6 billion including debt, The Wall Street Journal reported on Tuesday.

The move would "add one of the country's largest home-health firms to a portfolio that already includes doctor groups, clinics and surgery centers, as well as some home-based services," the report added.

The agreement is expected to be announced later today, and the acquisition will be finalized in the second half of the year, the outlet said.

Baha Breaking News (BBN) / BU