Don’t Get Left Behind in Health-Care Deal Frenzy

Investors should expect health-care deal-making to continue after yet another purchase from UnitedHealth

The race to consolidate health-care services is accelerating.

The latest came Wednesday morning: UnitedHealth Group announced the acquisition of DaVita Medical Group, one of the country’s largest collections of physician practices for $4.9 billion in cash.

UnitedHealth shares barely budged in early trading, since the acquisition will represent...

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