Optum buys the former Fallon Clinic. I'm quoted in the Worcester Telegram
Optum is a big, successful subsidiary of United HealthCare. In recent years it's taken to buying up provider organizations including physician practices. Optum is pouring $250 million into the acquisition and expansion of Reliant Medical Group in Worcester, outbidding traditional providers and injecting new competitive juice into the market.Reliant --formerly Fallon Clinic-- has 2600 employees and is almost 90 years old. Here's what I told the Worcester Telegram:
“A lot of these systems are under strain,” said David E. Williams, president of the Health Business Group, a Boston-based consulting firm. “I think what you’re seeing at the same time is there are some national organizations, health plans and companies like Optum that do have a lot of capital and that have diversified businesses that are looking for growth opportunities.”
By healthcare business consultant David E. Williams, president of Health Business Group.