Change Healthcare Announces Stockholder Approval for the Combination With OptumInsight, Part of UnitedHealth Group

Rhea-AI Summary

Change Healthcare Inc. (Nasdaq: CHNG) announced that stockholders overwhelmingly approved the merger with OptumInsight, a subsidiary of UnitedHealth Group, during a special meeting. Out of approximately 222 million shares voted, 99.9% favored the merger agreement. This merger aligns with Change Healthcare's focus on enhancing the U.S. healthcare system through innovative technology and data-driven solutions.

Positive

• 99.9% of stockholders approved the merger with OptumInsight, indicating strong shareholder support.
• The merger is expected to enhance Change Healthcare's ability to improve clinical and operational outcomes in the healthcare sector.

Negative

• None.

Change Healthcare Inc. (Nasdaq: CHNG) (the “Company” or “Change Healthcare”), a leading healthcare technology company, today announced that during a special meeting held yesterday, Change Healthcare stockholders voted to approve the previously announced combination with OptumInsight, part of UnitedHealth Group.

Of the approximately 222 million shares voted at yesterday’s special meeting of stockholders, 99.9% voted in favor of the adoption of the merger agreement.

About Change Healthcare

Change Healthcare (Nasdaq: CHNG) is a leading healthcare technology company, focused on insights, innovation, and accelerating the transformation of the U.S. healthcare system through the power of the Change Healthcare Platform. We provide data and analytics-driven solutions to improve clinical, financial, administrative, and patient engagement outcomes in the U.S. healthcare system. Learn more at changehealthcare.com.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20210414005398/en/

FAQ

What was the outcome of the Change Healthcare stockholder meeting regarding the merger with OptumInsight?

The stockholders approved the merger with OptumInsight with 99.9% support.

What percentage of shares voted in favor of the merger agreement with OptumInsight?

99.9% of the approximately 222 million shares voted in favor of the merger agreement.

What is the significance of the merger between Change Healthcare and OptumInsight?

The merger is expected to strengthen Change Healthcare's capabilities in delivering innovative healthcare technology and analytics.

When did the special stockholder meeting occur for Change Healthcare?

The special stockholder meeting was held yesterday.

What is the stock symbol for Change Healthcare?

Change Healthcare's stock symbol is CHNG.