Federal judge sets Aug 1 trial date for government challenge of UnitedHealth deal

  • 📰 Reuters
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 97%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

The federal judge hearing the Justice Department's fight to block UnitedHealth Group's $8 billion deal to buy Change Healthcare said on Thursday that the trial would start on August 1.

The Justice Department filed a lawsuit to ask a judge to stop the deal in February, saying it would give the largest U.S. health insurer access to its competitors' data and ultimately push up healthcare costs.

In their answer to the government's complaint, UnitedHealth and Change said that one of concerns that the government had about the deal would be moot because they planned to sell Change's claims editing business, which they advertise as a way to "improve payment accuracy, reduce appeals, and reap both medical and administrative savings."

"Plaintiffs' hypothetical speculation about data and innovations ignores stark market realities and is entirely inconsistent with UHG's long history," the companies said in their answer to the government complaint.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in LAW

Law Law Latest News, Law Law Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Proud Boys leader will stay in jail pending trial in January 6 conspiracy case, judge rulesEnrique Tarrio, the leader of the Proud Boys, will remain in jail as he awaits trial, a federal judge decided on Tuesday. I still don't understand why he's POC and a racist PB leader Follow the money and it might lead you to an orange face.
Source: cnnbrk - 🏆 393. / 55 Read more »

Alabama’s first Black federal judge won’t testify against Biden’s Supreme Court nomineeAlabama’s first Black federal judge won’t testify against Ketanji Brown Jackson, Biden’s Supreme Court nominee Wonderful to know that former federal Judge U.W. Clemon won't testify against Judge Ketanji Jackson. We must trust President Joe Biden's judgment in choosing Judge Jackson. Rest assured that President Biden had a very valid and strong reason for nominating Judge Ketanji Jackson. Rats got to her. Wonder what her price was? I'm sure the jews will love her as their judge.
Source: aldotcom - 🏆 82. / 68 Read more »

Opening statements delayed in trial of former Theranos President Sunny BalwaniOpening statements have been delayed in the federal trial of former Theranos President Sunny Balwani after a juror was exposed to COVID.
Source: abc7newsbayarea - 🏆 529. / 51 Read more »