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CareSource to acquire nonprofit senior care group Radiant Alliance
CareSource plans to acquire a new affiliate, Radiant Alliance, a nonprofit organization composed of Metta Healthcare, the parent company of Ohio's Hospice and Pure Healthcare, and United Church Homes, pending regulatory approval. -
8 payer M&A deals in first half of 2023
From major purchases by CVS Health to UnitedHealth Group's continued growth in the care delivery space, these are eight merger and acquisition deals within the health insurance industry that have closed since Jan. 1: -
Centene completes sale of AI platform
Centene has completed the sale of artificial intelligence platform Apixio to the private equity firm New Mountain Capital. -
Why Centene is selling off non-core businesses
Since taking over the role in March 2022, Centene CEO Sarah London has overseen the divestiture of several non-core businesses. -
10 payer M&A updates
From Centene signing an agreement to sell an artificial intelligence platform, to UnitedHealth Group's Optum pitching a $3.3 billion merger with a home-health provider, here are 10 payer merger and acquisition updates Becker's reported since March 31: -
Optum pitches $3.3B merger with home-health provider Amedisys
Home and hospice care provider Amedisys has received an unsolicited cash offer from UnitedHealth Group's Optum to merge, following an agreement in May to be purchased by infusion services provider Option Care Health. The deal with Optum is valued at $3.26 billion, according to Reuters. -
Bright sells virtual care platform Zipnosis
Bright Health has sold its virtual care platform Zipnosis to health technology company Florence. -
Humana's Inclusa acquisition passes state reviews
Humana's plan to purchase Wisconsin-based managed care company Inclusa has passed state reviews, the Wisconsin State Journal reported May 11. -
BCBS Minnesota, North Memorial Health end joint clinic ownership venture
Blue Cross and Blue Shield of Minnesota and Robbinsdale, Minn.-based North Memorial Health will end joint ownership of 25 primary, specialty and hospice care clinics. -
Health Alliance Plan, CareSource form joint venture
Health Alliance Plan and CareSource have finalized an agreement to create a joint venture to expand Health Alliance Plan's Medicaid business in Michigan. -
7 payer M&A updates
From CVS Health completing its acquisition of Oak Street Health, to Blue Cross Blue Shield of Michigan planning to bring on Blue Cross and Blue Shield of Vermont as a subsidiary, here are seven payer merger and acquisition updates Becker's has reported since March 29: -
Centene to sell AI platform
Centene has signed a definitive agreement to sell artificial intelligence platform Apixio to the private equity firm New Mountain Capital. -
BCBS Vermont looks to become subsidiary of BCBS Michigan
Blue Cross Blue Shield of Michigan is planning to bring on Blue Cross and Blue Shield of Vermont as a subsidiary. -
UnitedHealth's newly acquired LHC Group to buy home health company
UnitedHealth Group's recently acquired LHC Group is buying Delaware-based home health company Summit Home Care. -
Optum quietly buys New York physician group
Optum has purchased Middletown, N.Y.-based Crystal Run Healthcare, a multispecialty physician group with over 400 providers across more than 30 locations. -
UnitedHealth's acquisition of UK company facing deeper probe
The U.K.'s Competition and Markets Authority referred UnitedHealth Group's proposed acquisition of the health technology firm EMIS Group for an in-depth investigation. -
Elevance Health divests life and disability benefits business
The Standard will acquire Elevance Health's disability, accidental death and dismemberment, absence management and paid family leave businesses. -
DOJ drops appeal challenging UnitedHealth's purchase of Change Healthcare
The Justice Department is no longer pursuing an appeal to block UnitedHealth Group's $7.8 billion purchase of Change Healthcare that closed in October, Reuters reported March 21. -
Sen. Warren urges FTC to review CVS-Oak Street deal
Sen. Elizabeth Warren is asking the Federal Trade Commission to review CVS Health's proposed $10.6 billion acquisition of Oak Street Health. -
No layoffs in wake of acquisition by Elevance, BCBS Louisiana CEO says
Blue Cross and Blue Shield of Louisiana CEO Steven Udvarhelyi, MD, said the company's pending sale to Elevance Health will not lead to layoffs or office closures, the Greater Baton Rouge Business Report reported March 16.
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