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Optum acquires behavioral health provider Refresh: Axios

Posted On: Mar. 25, 2022 10:26 AM CST

UnitedHealth Group Inc.’s Optum Inc. subsidiary has acquired Refresh Mental Health from private equity firm Kelso & Co., according to Fierce Healthcare. The value of the purchase is unclear, but Kelso bought Refresh at a valuation of around $700 million in December 2020, Axios reported.