Although there wasn’t any official statement from either of the companies, this purchase was verbally confirmed by officials of both companies. Apparently, UnitedHealth plans to partner Genoa with their OptumRX division, and enter the market for behavioral health pharmacy services in a more competitive way. Genova has a good base of pharmacies, strategically located at centers treating these sort of illness, and has been specialised in this business for a long time, so this definitely looks to me like a step in the right direction.
On the other hand, as no statements have been made, it remains to be seen what structural changes will this acquisition bring. Things will be shaking in OptumRX soon, that’s for sure. Good luck to all.
http://www.startribune.com/unitedhealth-group-division-says-its-combining-with-genoa-healthcare/494622441/