UnitedHealth Moves to Outbid Option Care Health for Amedisys (1)

UnitedHealth Group Inc. moved to outbid Option Care Health Inc. for Amedisys Inc. with an unsolicited buyout offer of $100 a share in cash for the home health-care provider.

The offer from UnitedHealth’s Optum unit may be superior to the deal with Option Care Health, which agreed last month to buy Amedisys in an all-stock transaction worth about $3.6 billion including debt, equal to about $97.38 a share, Amedisys said Monday in a statement. The company’s shares rose as much as 15% in trading at the New York market open, their biggest intraday jump since 2020. Option Care rose ...