M&A

From Centene completing the sale of another subsidiary, to IU Health announcing plans to sell its health plan to Elevance Health's Anthem Blue Cross and Blue Shield, here are five payer M&A updates Becker's has reported since Sept. 6. 

Centene has completed the sale of Collaborative Health Systems to Astrana Health. 

Florida's insurance commissioner has given the green light for Health Care Service Corp. to purchase Cigna's Medicare business in the state.

Indianapolis-based Indiana University Health is selling its health plan to Elevance Health's Anthem Blue Cross and Blue Shield for an undisclosed amount.

Selling Blue Cross Blue Shield of Louisiana is "completely off the table" for new CEO Bryan Camerlinck, Business Report reported Aug. 29. 

UnitedHealth Group is reportedly considering picking up the third-largest ambulatory surgical center operator in the U.S., and is awaiting approval of its proposed acquisition of home health provider Amedisys. 

UnitedHealth Group is among the potential buyers of ambulatory surgical center operator Surgery Partners, Bloomberg reported Aug. 23, citing sources close to the matter.

Editor's note: This article was updated Aug. 26 to reflect Reuters' reporting that Elevance Health no longer plans to bid to acquire Evolent Health.  Elevance Health is no longer among the potential purchasers of Evolent Health, Reuters exclusively reported Aug. 26. 

Molina Healthcare has more acquisition opportunities in its pipeline, its CEO says. 

Centene is selling Collaborative Health Systems to Astrana Health for an undisclosed amount.