MA – OptumHealth to Acquire Reliant Medical Group
May 2017 ~
OptumHealth, a subsidiary of UnitedHealthcare, has announced plans to acquire Reliant Medical Group, a physician group out of Massachusetts.
The acquisition represents Optum’s first venture into the state’s provider market. and will place Optum’s technology and network at Reliant’s 25 locations throughout the state.
According to Reliant, “by partnering with Optum, Reliant expects to bolster its ability to grow and expand, modernize many of its clinical facilities, have access to advanced data analytics capabilities, and attract top medical talent to its practices.”
“Reliant Medical Group is committed to providing the people we serve the highest level of care, and partnering with Optum will help us give patients innovative, high-quality, local care in ways that maximize efficiency and patient satisfaction,” said Tarek Elsawy, M.D., president & CEO of Reliant.
“Reliant has long been a leader in providing high-quality health care 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.”
“This is the beginning of a process that will strengthen Reliant and position the organization for continued success in the ever-changing and challenging health care industry,” said Dr. Elsawy.
Reliant and Optum will now move toward a definitive agreement, subject to Massachusetts regulatory review and approval. If approved, Reliant would continue to serve patients through multiple insurance plans as well as continue to be locally operated and serve patients under the Reliant Medical Group brand in the Central and Metro West regions (to include Southboro Medical Group, a division of Reliant Medical Group).