OptumHealth, Reliant Medical Group, partner to boost system expansion, modernize
The acquisition represents Optum's first venture into the Massachusetts provider market.
OptumHealth is again teaming up with a provider, this time Reliant Medical Group in Massachusetts.
Reliant announced the partnership Wednesday, saying the move will bolster its ability to grow and expand, modernize its clinical facilities, give it access to advanced data analytics capabilities, and attract top medical talent to its practices.
Health services company OptumHealth is a division of Optum and UnitedHealth Group. OptumCare, which is part of OptumHealth, earlier this year acquired Surgical Care Affiliates for $2.3 billion. The acquisition of the outpatient surgery chain creates a comprehensive ambulatory care services platform for Optum, including primary care, urgent care and surgical care services.
Reliant and Optum will move toward a definitive agreement with an unknown completion date.
Reliant would continue to be locally operated and serve patients under the Reliant Medical Group brand. Reliant's physicians, staff and management would not change. The medical group would continue to serve patients through multiple insurance plans, Reliant said.
[Also: UnitedHealth Group shuffles executive management, names new Optum leaders]
"Reliant has long been a leader in providing high-quality healthcare to the people of Massachusetts," said Andrew Hayek, CEO of OptumHealth. "We look forward to working with the Reliant team to help make the health system work better for everyone."
The acquisition represents Optum's first venture into the Massachusetts provider market, and puts Optum's technology and network at Reliant's 25 locations throughout the state, according to Boston Business Journal. The 500-physician group reportedly has been on its own since leaving a loose affiliation with Atrius Health in 2014.
Twitter: @SusanJMorse
