A federal judge on Monday shot down the U.S. Justice Department’s legal challenge to UnitedHealth Group’s $13 billion acquisition of the technology company Change Healthcare.
Judge Carl Nichols’ one-page order denying the government’s bid to stop the merger stipulated that UnitedHealth divest Change’s claims editing subsidiary, ClaimsXten, to TPG Capital. UnitedHealth had already agreed to sell the business to TPG for $2.2 billion. Nichols’ full opinion was sealed and not immediately available.
Nashville-based Change specializes in health care analytics, software, and data services for health insurers and providers. It’s the leading provider of technology used to review health insurance claims.
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