Doctors group opposes UnitedHealth deal
From Bloomberg News
The largest U.S. physicians group urged antitrust authorities to block insurer UnitedHealth Group Inc.’s $2.6-billion purchase of Sierra Health Services Inc.
The group, the American Medical Assn., told U.S. Atty. Gen. Alberto R. Gonzales in a letter that the acquisition would give Minnetonka, Minn.-based UnitedHealth the “potential to exercise monopoly power” in Nevada.
UnitedHealth, the largest U.S. provider of health insurance, last week announced the purchase of Las Vegas-based Sierra to expand its reach in the area, which has a growing number of retirees who are potential customers.
