VitalCaring Group – the home health and hospice company led by April Anthony – got caught in the crosshairs of the U.S. Department of Justice (DOJ). The company responded, however, defending its current state and re-emphasizing where it plans to go. VitalCaring agreed to acquire divested assets from Amedisys Inc. (Nasdaq: AMED) in June. So long as UnitedHealth Group’s (NYSE: UNH) takeover of Amedisys went through, VitalCaring would be the beneficiary of certain Amedisys locations. But the DOJ was not satisfied with VitalCaring as a divestment partner. Broadly, the DOJ said it was concerned about a young company growing so quickly with the acquisition, and also suggested assets VitalCaring previously acquired had seen a reduction in quality post-acquisition.
Read the full article: VitalCaring Rebuts the DOJ, Makes Case for Itself as Worthy Divestment Partner //
Source: https://homehealthcarenews.com/2024/11/vitalcaring-rebuts-the-doj-makes-case-for-itself-as-worthy-divestment-partner/