The federal judge hearing the Justice Department's fight to block UnitedHealth Group's $8 billion deal to buy Change Healthcare said on Thursday that the trial would start on August 1.
The Justice Department filed a lawsuit to ask a judge to stop the deal in February, saying it would give the largest U.S. health insurer access to its competitors' data and ultimately push up healthcare costs.
In their answer to the government's complaint, UnitedHealth and Change said that one of concerns that the government had about the deal would be moot because they planned to sell Change's claims editing business, which they advertise as a way to "improve payment accuracy, reduce appeals, and reap both medical and administrative savings."
"Plaintiffs' hypothetical speculation about data and innovations ignores stark market realities and is entirely inconsistent with UHG's long history," the companies said in their answer to the government complaint.
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