Horizon Blue Cross Blue Shield of New Jersey has agreed to acquire multispecialty physician group Summit Health’s New Jersey operations, including CityMD urgent care sites in the state, the insurer confirmed to Becker’s. “We are excited by the opportunity to…
M&A
UnitedHealth Group’s count of subsidiaries and related entities has reached 2,807, according to the latest “Sunlight Report,” published in October. The report comes from the Center for Health & Democracy and is funded by Arnold Ventures. The updated report identified…
Humana has agreed to form a new joint venture with investment management firm BlackRock to own and operate nearly 150 CenterWell Senior Primary Care clinics, replacing CenterWell’s existing joint ventures with private equity firm Welsh, Carson, Anderson & Stowe. Funds…
Independence Blue Cross has contracted with ASCs for years, but its new ownership stake in a surgery center company signals the insurer decided contracts alone were not enough. “Contracting remains an important part of Independence Blue Cross’s strategy, but that…
The Blue Cross Blue Shield Association is bringing its data and analytics work “under one internal umbrella,” the organization confirmed to Becker’s Oct. 9. The former CEO of Blue Health Intelligence, an analytics company that has been a BCBSA licensee,…
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Harbor Health, an Austin, Texas-based company that operates medical clinics and offers health plans, plans to acquire 27 Village Medical primary care clinics in the Houston area. The deal is expected to close at the end of the year, according…
UnitedHealthcare is withdrawing from international private medical insurance in the Americas, Europe, Africa and the Middle East, the insurer confirmed to Becker’s Sept. 29. According to a Cigna news release, UnitedHealthcare Global will exclusively recommend the Cigna Global Health Benefits…
Penn Medicine, Independence Blue Cross and Regent Surgical have partnered to develop at least 18 ASCs. The three organizations will form a new company to run the centers, which will be located across Penn Medicine’s service area in Pennsylvania, New…
St. Louis-based Ascension has reached an agreement to transfer full ownership of its co-owned Arizona managed care health plan, Mercy Care, to CVS Health subsidiary Aetna, a spokesperson for Ascension confirmed with Becker’s. Ascension co-owns the plan with San Francisco-based CommonSpirit’s Dignity Health.…
Health Care Service Corp. has completed the rebranding of its Medicare supplement and supplemental health and life products under the HealthSpring name. The move finishes a transition that began last year, when HCSC shifted the Medicare Advantage and Part D…