M&A

CVS Health is selling benefits administration platform Bswift. Francisco Partners, a tech investment firm, said Oct. 3 it will acquire the company. 

Molina Healthcare has finalized its acquisition of AgeWell New York's Medicaid managed long-term care business for $110 million.

Cone Health and Novant Health have signed an agreement to co-own HealthTeam Advantage — a Medicare Advantage company owned by Cone Health, which will retain a majority stake.

Blue Cross Blue Shield of Michigan is quietly selling its healthcare technology subsidiary Advantasure for an undisclosed amount to health plan administrator UST HealthProof.

Independence Blue Cross and Penn Medicine are partnering on a value-based primary care model centered around co-ownership of Blue Cross' physician network subsidiary, Tandigm.

UnitedHealth Group's path to acquire Change Healthcare was cleared by a Washington, D.C., federal judge's decision Sept. 19.

With CVS Health's agreement to purchase Signify Health for $8 billion, the line of payers and technology companies grabbing a piece of the home health market continues to grow.

With closing arguments scheduled for Sept. 8, the fate of UnitedHealth Group's proposed $13 billion acquisition of Change Healthcare may soon be decided. 

UnitedHealth Group CEO Andrew Witty was among those who testified during the Justice Department's legal challenge to the $13 billion proposed merger of UnitedHealth Group's Optum and Change Healthcare.

From the sale of home health companies to several international divestitures, these are six payers that have recently sold assets: