UnitedHealth Group’s health services company Optum, which has a presence in Hartford, is buying an Illinois-based ambulatory surgery center and surgical hospital provider for $2.3 billion, the companies announced Monday.
Optum will purchase Surgical Care Affiliates’ outstanding common stock for $57 a share.
The combination builds upon the two companies’ ambulatory surgery center collaborations and expands OptumCare’s capabilities in outpatient surgical procedures, the companies said in a joint release.
Andrew Hayek, chairman and chief executive officer of SCA, said the two companies already have a strong relationship “so we have seen firsthand that our cultures and strategies are aligned and complementary.”
SCA and its affiliates serve approximately 1 million patients per year in more than 30 states. With the combination, SCA will become part of the OptumCare platform, which serves millions of consumers annually through 20,000 affiliated physicians and hundreds of care facilities.
Hayek and the SCA leadership team will continue forward as part of SCA and the larger OptumCare platform, the firms stated.
