This communication is not a substitute for any registration statement, Schedule TO, Schedule 14D-9 or any other document which SCA or UnitedHealth Group may file with the SEC in connection with the transaction. For more information, visit UnitedHealth Group at www.unitedhealthgroup.com or follow @UnitedHealthGrp on Twitter. Optum, a leading health services company and part of UnitedHealth Group (NYSE: UNH), and Surgical Care Affiliates, Inc. (NASDAQ: SCAI), a leading ambulatory surgery center (ASC) and surgical hospital provider, are combining. Optum to add 10,000 physicians & 3 other growth strategy details Laura Dyrda -UnitedHealth Group CEO David Wichmann outlined how Optum, which includes Surgical Care Affiliates, will grow in the coming year during a Jan. 20 earnings call, as transcribed by Seeking Alpha .Four notes: 1. DEERFIELD, Ill.--(BUSINESS WIRE)--Surgical Care Affiliates, Inc. (“SCA”), a leader in the outpatient surgery industry and part of Optum, a … The agreement calls for the acquisition of SCA’s outstanding common stock for $57.00 per share. Our surgery centers and surgical hospitals offer easy scheduling, convenient access, short wait times and billing transparency.Â, Our commitment to clinical quality starts with an investment in the training of our clinical leaders, who undergo hundreds of hours of training. Prior to her role as CEO, Zulla served as chief administrative officer and chief financial officer with responsibility for ten separate business functions. This communication is for informational purposes only and is neither an offer to sell or exchange, nor a solicitation of an offer to buy or exchange, any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, sale or exchange would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The exchange offer materials and the solicitation/recommendation statement will be made available for free at the SEC’s website at www.sec.gov. Surgical Care Affiliates (SCA) operates the largest network of independent ambulatory surgical centers and surgical hospitals in the U.S.Â, Patient satisfaction is a priority at SCA. The company is a leader in partnering strategically with many health plans, medical groups and health systems to align with physicians through value-based payment models that reward quality, patient experience and cost-efficiency. Strengthening the Patient-Physician Relationship, Creates comprehensive ambulatory care services platform, including primary care, urgent care and surgical care services, Combination broadens ability of the companies to improve patient experience, and quality and cost of care, Companies to align strategy to support value-based payment models and a multi-payer approach, Builds on companies’ existing joint ventures, strong relationship and complementary capabilities. OptumInsight and Change Healthcare Combine to Advance a More Modern, Information and Technology-Enabled Health Care Platform, Diplomat, OptumRx Combining to Advance Access to Specialty Pharmacy Care and Infusion Services, Improve Health Outcomes, Optum completes acquisition of DaVita Medical Group from DaVita. Investors and security holders are urged to read the registration statement, the Schedule TO (including the prospectus/offer to exchange, related letter of transmittal and other exchange offer documents), the solicitation/recommendation statement on Schedule 14D-9 and the other relevant materials with respect to the transaction carefully and in their entirety when they become available before making any decision regarding exchanging their shares, because they will contain important information about the transaction. The transaction is expected to close during the first half of 2017, subject to the tender of a majority of SCA’s shares, regulatory approvals and other customary closing conditions, and is expected to be neutral to UnitedHealth Group’s outlook for adjusted net earnings per share in 2017 and modestly accretive in 2018. All rights reserved. Andrew P Hayek is Chief Executive Officer at OptumHealth LLC. UnitedHealth Group's OptumCare is acquiring Surgical Care Affiliates for $2.3 billion, Optum announced Monday. Minneapolis-based Allina Health System has signed a long-term deal with Optum, the health-services arm of UnitedHealth Group Inc. The agreement calls for the acquisition of SCA’s outstanding common stock for $57.00 per share. UnitedHealth Group (NYSE: UNH) is a diversified health and well-being company dedicated to helping people live healthier lives and helping make the health system work better for everyone. Optum acquired Surgical Care Affiliates in 2017 for $2.3 billion. SCA intends to file a solicitation/recommendation statement on Schedule 14D-9 with the SEC and may file amendments thereto. System-wide, SCA and its affiliates serve approximately 1 million patients per year in more than 30 states. Surgical Care Affiliates May 2011 - Aug 2018 7 years 4 months. In addition to the SEC filings made in connection with the transaction, each of UnitedHealth Group and SCA files annual, quarterly and current reports and other information with the SEC. Text. Since March 2017, the company is part of Optum.. SCA creates partnerships between health plans, physician groups, … Additional copies of the exchange offer materials and the solicitation/recommendation statement may be obtained for free by contacting UnitedHealth Group’s Investor Relations department at (800) 328-5979. We have an incredibly high regard for SCA’s leadership and people, so we look forward to working with them and our payer partners to implement care models that reward independent surgeons and specialists for quality and care efficiency.”. TPG owned about 30 percent of SCA before the Optum transaction but agreed to tender its shares as part of the offer, CNBC reported. UnitedHealth Group and a wholly-owned subsidiary of UnitedHealth Group intend to file a tender offer statement on Schedule TO (including a prospectus/offer to exchange, a related letter of transmittal and other exchange offer documents) related to the transaction with the SEC and may file amendments thereto. Patient satisfaction is a priority at SCA. Physicians & Surgeons, Obstetrics And Gynecology, Physicians & Surgeons, Plastic & Reconstructive, Physicians & Surgeons, … Search Valley Physicians Network … Surgical Care Affiliates was previously private-equity funded by TPG Capital prior to the Optum sale. We perform a wide variety of surgical specialties and enjoy a great reputation for providing high quality care in the community. With the combination, SCA will become part of the OptumCare platform, which serves millions of consumers annually through 20,000 affiliated physicians and hundreds of care facilities. The combination of SCA and OptumCare is another step forward toward our vision of becoming the partner of choice for surgeons,” said Andrew Hayek, chairman and chief executive officer of SCA. This communication relates to a pending business combination transaction between UnitedHealth Group and SCA. This communication may contain statements that constitute “forward-looking statements,” including, for example, information related to UnitedHealth Group Incorporated (“UnitedHealth Group”), Surgical Care Affiliates, Inc. (“SCA”) and the proposed acquisition of SCA by UnitedHealth Group. Start your future with Optum. The acquisition of the outpatient surgery chain creates a comprehensive ambulatory care services platform for Optum, including primary care, urgent care and surgical care services. SCA became part of OptumCare, Optum's primary and urgent care delivery services business. 5. The companies will offer compelling quality and value to patients and payers and support independent doctors’ practices as eligible surgical cases (e.g., total joint replacements) continue to migrate to the ASC and surgical hospital environments. 4. At Optum, we're creating a more compassionate, efficient and effective care delivery system. The two-count indictment relates allegations that Surgical Care Affiliates, which UnitedHealth bought in 2017, had agreed with its competitors not to … Search Surgical Care Affiliates (S CA) jobs. Surgical Care Affiliates, Inc. (SCA), is one of the largest providers of outpatient surgery in the United States. Surgical Care Affiliates (SCA) operates the largest network of independent ambulatory surgical centers and surgical hospitals in the U.S. SCA and UnitedHealth Group may also file other documents with the SEC regarding the transaction. The agreement calls for the acquisition of SCA’s outstanding common stock for a fixed price of $57.00 per share, to be funded between 51 percent and 80 percent with UnitedHealth Group common stock, with the final percentage to be determined at UnitedHealth Group’s option and the remainder in cash. Before joining SCA, she was senior vice president operations of revenue cycle services for MedAssets (a health … ... Search Surgical Care Affiliates (S CA) jobs. SCA (NASDAQ: SCAI), a leader in the outpatient surgery industry, strategically partners with health plans, medical groups and health systems across the country to develop and optimize surgical facilities. Search Valley Physicians Network jobs for medical professionals. The prospectus/offer to exchange, the related letter of transmittal and certain other exchange offer documents, as well as the solicitation/recommendation statement, will be made available to all holders of SCA’s stock at no expense to them. Start your job search now! The takeover of Surgical Care Affiliates will add a group of around 200 outpatient surgery centers, along with a few surgical hospitals and a sleep center, according to … We're improving the delivery of surgical care. In an effort to fulfill its mission to expand its provider footprint to serve about two-thirds of the U.S. population, OptumCare has agreed to acquire Surgical Care Affiliates … For more information on SCA, visit www.scasurgery.com. Optum is a leading information and technology-enabled health services business dedicated to helping make the health system work better for everyone. UnitedHealth Group intends to file a registration statement on Form S-4 related to the transaction with the SEC and may file amendments thereto. The combination builds upon the two companies’ successful ASC collaborations and expands OptumCare’s capabilities in outpatient surgical procedures. Deerfield, Ill.-based Surgical Care Affiliates is merging with Optum, a health services company and part of UnitedHealth Group. “Joining with OptumCare will enable us to better support and empower independent physicians, helping them provide high-quality care for their patients while making health care more affordable. We are driven to achieve the quadruple aim in health care—providing high quality outcomes and a better experience for patients and … Please call the SEC at 1-800-SEC-0330 for further information on the public reference room. Generally the words “believe,” “expect,” “intend,” “estimate,” “anticipate,” “plan,” “project,” “should” and similar expressions identify forward-looking statements, which generally are not historical in nature. UnitedHealth Group offers a broad spectrum of products and services through two distinct platforms: UnitedHealthcare, which provides health care coverage and benefits services; and Optum, which provides information and technology-enabled health services. At the time, SCA owned or operated 205 surgical facilities in partnership with about 3,000 physicians. In 2017, UnitedHealth Group's OptumCare acquired Surgical Care Affiliates for $2.3 billion. The acquisition of the outpatient surgery chain created a comprehensive ambulatory care services platform for Optum, including primary care, urgent care and surgical care services. Such statements reflect the current analysis of existing information and involve substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. “We already have a strong relationship with OptumCare, so we have seen firsthand that our cultures and strategies are aligned and complementary.”, Larry C. Renfro, vice chairman of UnitedHealth Group and Optum chief executive officer, said: “Combining SCA and OptumCare will enable us to continue the transition to high-quality, high-value ambulatory surgical care, partnering with the full range of health systems, medical groups and health plans. OptumCare serves more than 80 health plans. Search PrimeCare jobs for medical professionals. The exchange offer referenced in this communication has not yet commenced. Stay up-to-the-minute on the latest headlines from UnitedHealth Group. Disclosures: Murrey reports he is employed by Optum and Surgical Care Affiliates, part of United Health Group. Bruning reports no relevant financial disclosures. Wakefield, Mass., and Deerfield, Ill. (Jan. 9, 2017) — Optum, a leading health services company and part of UnitedHealth Group (NYSE: UNH), and Surgical Care Affiliates, Inc. (NASDAQ: SCAI), a leading ambulatory surgery center (ASC) and surgical hospital provider, are combining. He joined SCA as president and chief executive officer in 2008, directing its growth into one of the most successful and trusted value-based care organizations in the country. Caitlin Zulla is the new CEO of Optum subsidiary Surgical Care Affiliates, one of the largest ambulatory surgery center operators in the country, according to an … As a specialist alignment organization and leader in the ambulatory surgery center industry, Surgical Care Affiliates (SCA) collaborates with physicians, health plans, and hospital systems to improve health care in America. UnitedHealth Group’s and SCA’s filings with the SEC are also available to the public from commercial document-retrieval services and at the website maintained by the SEC at http://www.sec.gov. Optum Care in Arizona. Based in Deerfield, Illinois, the company has a network of 220 ambulatory surgery centers (ASCs) in 35 states performing 1 million procedures a year. Surgical Care Affiliates (SCA), a growing specialist alignment organization and leader in the ambulatory surgery center industry, strategically partners with health plans, medical groups and health systems across the country to develop and optimize surgical facilities. Search Optum Care Medical Group jobs for medical professionals. We are committed to exceptional patient care, creating value by optimizing the patient experience. Find out more. UCSD Center for Surgery of Encinitas is affiliate of Surgical Care Affiliates/Optum Health and is a values-based healthcare provider committed to delivering world class healthcare. You may read and copy any reports or other such filed information at the SEC public reference room at 100 F Street, N.E., Washington, D.C. 20549. “We believe this combination will create significant value for SCA's patients and physician partners, and we look forward to the combined company’s future success.” Affiliates of TPG Capital, owning approximately 30 percent of the common stock of SCA, have agreed to tender their shares as part of the offer. Pursuant to these no-poach agreements, Surgical Care Affiliates and at least two other companies that operate outpatient medical care facilities agreed not to solicit each other’s senior-level employees in violation of federal antitrust laws. Hayek joined Optum in 2017 through the acquisition of Surgical Care Affiliates (SCA) where he served as chairman and chief executive officer. Chief Executive Officer, Surgical Care Affiliates. Search Primary Care Associates Medical Group jobs for medical professionals. Surgical Care Affiliates has more than 230 facilities in … The following factors, among others, could cause actual results to differ materially from those described in these forward-looking statements: the possibility that various conditions to the consummation of the UnitedHealth Group exchange offer and mergers may not be satisfied or waived, including the receipt of regulatory clearances related to the mergers; uncertainty as to how many shares of SCA common stock will be tendered into the UnitedHealth Group exchange offer; the risk that the UnitedHealth Group exchange offer and mergers will not close within the anticipated time periods, or at all; the failure to complete or receive the anticipated benefits from UnitedHealth Group’s acquisition of SCA; the possibility that the parties may be unable to successfully integrate SCA’s operations into those of UnitedHealth Group; such integration may be more difficult, time-consuming or costly than expected; revenues following the transaction may be lower than expected; operating costs, customer loss and business disruption (including, without limitation, difficulties in maintaining relationships with employees, customers, clients, suppliers or physicians) may be greater than expected following the transaction; the retention of certain key employees at SCA may not be achieved; the parties may be unable to meet expectations regarding the timing, completion and accounting and tax treatments of the transactions; UnitedHealth Group and SCA are subject to intense competition; factors that affect UnitedHealth Group’s ability to generate sufficient funds to maintain its quarterly dividend payment cycle; the effects of local and national economic, credit and capital market conditions; and the other risks and uncertainties relating to UnitedHealth Group and SCA described in their respective Annual Reports on Form 10-K for the fiscal year ended December 31, 2015, and in their subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, all of which are filed with the U.S. Securities and Exchange Commission (the “SEC”) and available at www.sec.gov. Optum is part of UnitedHealth Group (NYSE: UNH). The combination of SCA with OptumCare, Optum’s primary and urgent care delivery services business working with more than 80 health plans, will position the combined organization as a comprehensive provider of ambulatory care services, while continuing expansion of SCA’s network of ASCs and surgical hospitals in partnership with leading health systems, medical groups and health payers. Life at SCA. Surgical Care Affiliates (SCA), OptumCare to Combine.