It would appear that UnitedHealth
$UNH are planning to Buy LHC Group
$LHCG for about $5.4B in cash, or $170 per share according to the Wall Street Journal.
"The acquisition by UnitedHealth’s Optum health-services arm, which is expected to be announced Tuesday, will add one of the country’s largest home-health firms to a portfolio that already includes doctor groups, clinics and surgery centers, as well as some home-based services."
Last year, LHC generated around $2.2B in revenues in their long-term health care business.