In recent years, Optum, a subsidiary of UnitedHealth Group, has grown significantly by acquiring numerous physician practices. With over 90,000 providers under its umbrella, Optum represents nearly 10% of all physicians in the United States. However, most of these acquisitions have gone unnoticed by the public.
This changed recently when Optum made a purchase in Oregon that drew significant attention from state regulators. This trend is becoming more common in the healthcare industry as states become more concerned about the impact of mergers and acquisitions on their markets.
Oregon is leading the way in this area, with some of the most stringent healthcare market oversight laws in the country. Other states, such as Illinois, Minnesota, and New York, have followed suit and approved similar oversight programs. As a result, deals in these states are now subject to increased scrutiny.
In addition to these states, five more are currently considering legislation to begin or expand their own oversight programs. This reflects a growing trend of increased scrutiny and regulation of healthcare industry mergers and acquisitions.