UnitedHealth Ditches Florida Optum Health Stake for Billions
UnitedHealth Group has announced that it will be selling its stake in the Florida operations of Optum Health to TPG, a global alternative asset firm. The sale marks another significant move by UnitedHealth to focus on its core business and shed non-core assets.
The terms of the deal have not been disclosed, but sources suggest that the transaction is valued at several billion dollars. Optum Health is a leading provider of health services in Florida, offering a range of services including primary care, specialty care, and behavioral health services.
TPG has extensive experience in the healthcare sector and has made significant investments in various health-related companies over the years. The firm's acquisition of UnitedHealth's stake in Optum Health is expected to further solidify its presence in the market.