Optum, a subsidiary of UnitedHealth Group, has acquired thousands of physician practices and affiliated with over 90,000 providers in the US. This growth accounts for nearly 10% of all physicians in the country. However, most of these acquisitions have gone unnoticed by the public. Recently, a purchase made by Optum in Oregon drew significant attention from state regulators, setting a precedent for increased scrutiny in healthcare mergers and acquisitions.
Oregon has been at the forefront of advocating for more oversight in healthcare mergers and acquisitions due to its strict health care market oversight laws. Other states like Illinois, Minnesota, and New York have followed suit and established their own oversight programs. As a result, deals in these states are now subject to greater scrutiny. Additionally, five other states including Vermont, Washington, Pennsylvania, Indiana and New Mexico are currently considering legislation to establish or expand their own oversight programs. This trend reflects a growing demand for increased regulation and scrutiny of healthcare industry mergers and acquisitions.