U.S. health insurer UnitedHealth Group Inc on Wednesday announced a deal to buy a unit of DaVita Inc. The $4.9 billion deal intended to bolster United’s primary and urgent care services. The all-cash deal is UnitedHealth’s second major acquisition in 2017 that aims to broaden its reach beyond insurance. UnitedHealth bought Surgical Care Affiliates for about $2.3 billion in March. DaVita, which mainly provides dialysis services, will combine UnitedHealth’s Optum unit with DaVita’s physician network.
That network serves about 1.7 million patients each year through nearly 300 clinics.
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