UHG’s Optum UK closes £1.24B buy of EMIS Group

UHG and Optum wasted no time. A year after their bid yet less than one month after approval by the Competition and Markets Authority (CMA), EMIS Group is now part of Optum Health Solutions (UK) Limited. The £1.24 billion transaction became effective on Friday 27 October when shares were suspended from trading on the London Stock Exchange. The sale was formally to Bordeaux UK Holdings II Limited, an affiliate of Optum Health Solutions UK Limited.

As we noted on 2 October, EMIS is the leading EHR system used by NHS GPs throughout the UK. EMIS also has systems for business intelligence, pharmacy, EDs and urgent care, and to identify patients for clinical trials.  It started as Egton Medical Information Systems by two Yorkshire physicians, back when IT was called MIS 35 years ago. In their statement, EMIS will remain HQ’d in Leeds and remain primarily a UK-based company. “…there will be no material changes to our existing operations or locations. Optum UK intends to continue EMIS’s technology development investments, such as EMIS-X, without any material changes to our focus on the key areas of interoperability, elite partners, community pharmacy and data analytics.” There is no indication in the statement about changes in management, more about reassurance in continuity of operations. MarketScreener

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