9 payer M&A updates

From CVS Health acquiring a Medicare Advantage broker platform to Elevance buying Kroger's speciality pharmacy business, here are nine payer merger and acquisition updates that Becker's reported since March 15: 

1. CVS Health acquired Medicare Advantage broker platform Hella Health. 

2. A merger between Humana and Cigna could still be in the cards according to one analyst.

3. Elevance Health will enter a partnership with private equity firm Clayton, Dubilier & Rice to develop advanced primary care models. 

4. Elevance Health plans to acquire Centers Plan for Healthy Living, a New York-based Medicaid long-term care plan. 

5. Elevance Health closed the divestiture of its disability, accidental death and dismemberment, absence management, and paid family leave businesses to the Standard. 

6. Dallas-based Steward Health Care plans to sell its physician group to UnitedHealth Group's subsidiary Optum. 

7. Oregon regulators are opening a review into UnitedHealth Group's proposed acquisition of Amedisys, after a preliminary report found the deal could hurt competition in the state's markets. 

8. Kroger is selling its specialty pharmacy business to CarelonRx, the PBM subsidiary of Elevance Health.

9. Oregon state regulators allowed UnitedHealth Group's Optum to bypass a state review of its planned purchase of Corvallis Clinic, citing an immediate need to maintain the provider's financial solvency.




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