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UnitedHealth, Davita reach settlement with Colorado AG over merger

( June 19, 2019, 17:14 GMT | Official Statement) -- MLex Summary: UnitedHealth Group and Davita Inc. have reached an agreement with Colorado's Office of the Attorney General to resolve competition concerns related to the companies’ proposed merger. Under the settlement, UnitedHealthcare will lift its exclusive contract with Centura Health for at least 3.5 years, which will expand the network of healthcare providers available to seniors in Medicare Advantage plans offered by other providers. In addition, DaVita Medical Group’s agreement with Humana will be extended without change through at least the end of 2020 ensuring stability for Medicare Advantage customers and UnitedHealthcare’s competitors.See document below....

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