Jan. 6, 2021—Optum, a part of UnitedHealth Group, and Change Healthcare have agreed to combine. Change Healthcare will join with the OptumInsight business to provide software and data analytics, technology-enabled services and research, and advisory and revenue cycle management offerings. The companies’ combined capabilities aim to more effectively connect and simplify core clinical, administrative, and payment processes.
“This opportunity is about advancing connectivity and accelerating innovations and efficiencies essential to a simpler, more intelligent and adaptive health system,” Neil de Crescenzo, president and CEO of Change Healthcare, said in a statement. “We share with Optum a common mission and values and importantly, a sense of urgency to provide our customers and those they serve with the more robust capacities this union makes possible.”
Upon closing, which is expected in the second half of this year, de Crescenzo will serve as OptumInsight’s chief executive officer, leading the combined organization.