Massachusetts Supreme Judicial Court approves Optums acquisition of Atrius
Summary
The Massachusetts Supreme Judicial Court on Friday approved the Atrius-Optum merger. Justice Dalila Argaez Wendlandt determined the proposed transaction was in the public interest and that it was impracticable for Atrius to continue operations in its present form. Attorney General Maura Healey had already assented to Atrius request, pending judicial review. With no other options for Atrius viewed as feasible, its best chance for its long-term survival was the $236 million purchase of Atrius charitable assets by Collaborative Care Holdings, dba Optum Care. Atrius is a large, independent physician-led healthcare organization that provides care to more than 690,000 adult and pediatric patients.
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