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UnitedHealth’s Optum and Surgical Care Affiliates to merge.

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Optum, a health services company and part of UnitedHealth Group is merging with Surgical Care Affiliates (SCA).

The primary and urgent care delivery services business works with over 80 health plans, and will acquire SCA, enabling the company to create expanded capabilities in outpatient surgical procedures.

Surgical Care Affiliates is an ambulatory surgery center and surgical hospital provider. The combination of OptumCare and SCI will create a comprehensive ambulatory care services platform that includes primary care, urgent care, and surgical care services. It also broadens the companies’ ability to improve patient experience, quality, and cost of care.

The acquisition of  SCA’s outstanding common stock ($57 per share, funded between 51 and 80 percent through UnitedHealth Group’s common stock, with the final percentage to be determined at UnitedHealth Group’s option and the remainder in cash) will be completed during the first half of 2017, subject to the tender of a majority of SCA’s shares, regulatory approvals, and other closing conditions.

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