Recently, Optum, a subsidiary of UnitedHealth Group, has faced increased scrutiny from state regulators after acquiring a physician practice in Oregon. This is due to the fact that Oregon is at the forefront of advocating for more oversight in healthcare mergers and acquisitions, and has some of the most stringent healthcare market oversight laws in the country.
Optum has grown significantly over the years by acquiring numerous physician practices and affiliating with over 90,000 providers, which accounts for nearly 10% of all physicians in the United States. However, most of these acquisitions have occurred with little public attention. However, recent events have brought attention to this issue.
Other states such as Illinois, Minnesota and New York have followed suit and approved similar oversight programs, resulting in increased scrutiny for deals in those states in the near future. In addition to these states, five more states including Vermont, Washington, Pennsylvania, Indiana and New Mexico 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.