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UnitedHealth to acquire Monarch HealthCare
Modern Healthcare

UnitedHealth Group has reached an agreement to acquire the management arm of an independent practice association that includes about 2,300 physicians in Southern California. Larry Renfro, CEO of Optum, UnitedHealth’s health services division, confirmed in an e-mailed statement that the company planned to buy the operations of Irvine, Calif.-based Monarch HealthCare. “Optum shares Monarch HealthCare’s commitment to bringing patients, physicians, hospitals and healthcare payers closer together in the mission to increase the quality and affordability of care,” Renfro said in the statement.