The U.S. Department of Veterans Affairs said Thursday that it’s recommending that Veterans Affairs Secretary David Shulkin take a position in DellCare, a healthcare and technology company that is merging with AppleCare.
DellCare announced the merger earlier this month, and Shulkins will oversee DellCare’s medical center and the acquisition of AppleCare, according to a statement.
Shulkes office is in New York.
ShULkins’ previous job was as president of the U.K.’s National Health Service.
The VA has a long history of working with the health care industry.
In the 1970s, it established the Veterans Health Administration.
In 2008, Shulkinger said, the VA “gave us the health-care system we have today.”
“I have been in the health system, and I have seen firsthand how our veterans, the health professionals, and our hospitals are all working together to care for our country,” he said in the statement.
“DellCare has the talent and the resources to take care of the Veterans and Veterans’ families.
We are excited to work together with them.”
The VA also said that it is recommending that Shulks office “conduct a review of the merger to determine whether it is a suitable acquisition.”
Shulkis office will oversee the VA’s Healthcare Services Administration.
DellCares board of directors will be selected by Shulkas executive, according the VA.
AppleCare will become the largest health care company in the U, but it is also owned by Dell.
The merger is expected to result in savings of about $500 million per year, according a recent Reuters report.
In a statement, AppleCare said it “will continue to operate the Veterans Choice program and the Veterans Affairs Choice Program, which provides critical care services to veterans.
It will also continue to support its network of physicians in support of the VA.”
AppleCare has been selling healthcare devices and software for more than a decade.
Its services include personal computers, medical devices, dental appliances, medical equipment and supplies.
Apple Care has a $24 billion valuation and expects to report $30 billion in annual revenue, according an estimate from Jefferies analysts in February.
Dell has a valuation of about twice that amount and expects a $1.3 billion profit.
Dell and Apple are not the only health care companies looking to merge.
Earlier this month Dell announced plans to sell healthcare equipment and software to Dell’s customers.
Dell said in February that it had a $4 billion acquisition of Microsoft Corp., which is being spun off from the company.
Dell plans to close the acquisition this year.
The announcement comes as the U the United States is grappling with the opioid crisis, a crisis that is being blamed for more deaths than the war in Iraq, according and Reuters.