As per a new amendment on the existing agreement, UnitedHealth will take over the health IT vendor Change’s Healthcare somewhere around February at the earliest. The $13 billion acquisition could even close prior depending on the Department of Justice. The DOJ could drop in an investigation in which case the closure may get accelerated or get pushed ahead if the agency choses to challenge.
Several antitrust experts believe that the chances of the process getting delayed are relatively higher. This is mainly because of the growing pressure on regulators to scrutinize the boisterous consolidation in the healthcare industry. Additionally, the agency is also expected to probe the situation with the aggressive opposition to the deal from pharmacy groups and hospitals.
The diversified healthcare giant entered the original agreement with the health IT company in August. The companies have agreed to not close the merger in compliance with the agreement with Department of Justice for at least a span for 120 days.