Michalik: UnitedHealth Agreed to Buy Steward Physician Group for $850M
Chris and Rob Michalik · Chris and Rob Michalik - Twin Tackle of Private Equity at Kinderhook (EP.416) · Nov 11, 2024 · at 39:51
Chris Michalik, co-founder of Kinderhook Industries, explains the bidding history of bankrupt hospital operator Steward Health Care's physician network, Stewardship Medical Group.
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“United Healthcare ultimately agreed to acquire those assets for eight hundred fifty million dollars, and in May, Stewart filed for bankruptcy.”
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