UnitedHealth Group agreed to buy DaVita’s physician group as it seeks to expand its role as a health-care provider. UnitedHealth Group agreed to buy DaVita’s physician group as it seeks to expand its role as a health-care provider. Photo: Jim Mone/Associated PressUnitedHealth Group Inc. UNH -0.06% will buy DaVita Inc.’s DVA 13.59% physician group for about $4.9 billion in cash, in the latest sign of how the parent of the biggest U.S. insurer is rapidly expanding its role as a health-care provider. The CVS combination would unite drugstores, a pharmacy-benefit manager and insurance to build an integrated health care company without a foundation of doctors. DaVita bought the big medical group HealthCare Partners LLC in 2012 in a $4.42 billion deal that diversified it away from its core kidney-care business.

Source: Wall Street Journal December 06, 2017 11:37 UTC