MINNETONKA (dpa-AFX) - UnitedHealth Group Inc (UNH) has agreed to buy healthcare payments firm Equian LLC from its private-equity owner New Mountain Capital for about $3.2 billion, the Wall Street Journal reported, citing people familiar with the matter.
Equian offers payment-processing services for health-care companies and insurers and touts an ability to reduce mistakes that cause overpayment.
It is likely that UnitedHealth would merge Equian into its Optum health-services arm, the Journal said.
Copyright RTT News/dpa-AFX
© 2019 AFX News
