Change CEO says UnitedHealth deal won’t hurt rivals

By Bryan Koenig (August 2, 2022, 10:28 p.m. EDT) – The CEO of Change Healthcare testified Tuesday as part of the US Department of Justice’s efforts to preserve the value of the healthcare technology company as a “independent” source of health insurance claims given for insurance rivals UnitedHealth Group, only to repeatedly assert that the agency’s challenge to the proposed $13.8 billion merger has it all wrong.

On day two of the 12-day trial in DC federal court, Change Healthcare CEO Neil de Crescenzo proved a difficult witness for the Justice Department, continually pushing back against government characterizations of his activities, documents of its board of directors and its relationships.

These characterizations are crucial for the government…

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