UHG’s OptumHealth to Acquire Connextions
Health services provider OptumHealth, a subsidiary of Minnetonka-based UnitedHealth Group (UHG), on Wednesday said that it has agreed to acquire Connextions, Inc., a health care technology and customer service provider.
Pending regulatory approval and closing conditions, the deal is expected to be finalized before the end of the third quarter. Financial terms of the transaction were not disclosed.
Orlando, Florida-based Connextions has more than 4,000 employees that drive more than $3 billion in annual insurance premiums for its clients, UHG said. Connextions has more than a decade of experience working with health plans and health services consumers, and its focus is engaging, acquiring, and retaining customers through analytics and technology in order to produce a personalized customer experience.
Meanwhile, Golden Valley-based OptumHealth offers services aimed at helping people navigate the health care system, finance their health care needs, and achieve their health and well-being goals.
“Connextions' consumer engagement expertise, combined with OptumHealth's ability to connect people to the right care and health resources, can help our clients make the most of their opportunities to build strong relationships with consumers,” OptumHealth CEO Dawn Owens said in a statement.
Connextions will continue to operate under the same name and retain its management and operations team.Connextions has announced plans to add jobs at multiple U.S. locations. Customer service will be provided through Connextions by phone, e-mail, chat, and text.
UHG said that OptumHealth and Connextions “will be uniquely positioned to assist their clients in building stronger consumer relationships while supporting the goal of increased access to quality, affordable care.”
UHG is Minnesota's largest public company based on its revenue, which totaled $94.2 billion in 2010. With 11,500 Minnesota employees, it's also among the state's 15-largest employers.