Lawsuit Against UnitedHealth Group's Acquisition of Amedisys

(Reuters) – The Justice Department and three U.S. states have filed a lawsuit to block UnitedHealth Group (NYSE: UNH)'s $3.3 billion purchase of Amedisys Inc (NASDAQ: AMED). They are concerned that the deal will harm competition in the market for home health services.

The department stated: "Eliminating the competition between UnitedHealth and Amedisys would harm patients who receive home health and hospice services, insurers who contract for home health services, and nurses who provide home health and hospice services."