The new year started off strong with a handful of payer mergers and acquisitions, often known as affiliations for nonprofits. Here are four M&A moves so far: 1. Fallon Health will join fellow nonprofit insurer Boston-based Mass General Brigham Health…
M&A
As Blue Cross Blue Shield licensee Hawaii Medical Service Association and Honolulu-based Hawaii Pacific Health prepare to form One Health Hawaii, they are going under the microscope. A Jan. 13 informational briefing run by Hawaii’s House and Senate committees on…
Blue Cross Blue Shield licensee Hawaii Medical Service Association and Honolulu-based Hawaii Pacific Health are coming together under a new nonprofit parent organization, One Health Hawaii, the organizations confirmed in a Jan. 7 news conference recorded by Hawaii News Now.…
Insurer Fallon Health will join Boston-based Mass General Brigham Health Plan, according to a Jan. 8 joint statement. “This reflects the outcome of Fallon Health’s thoughtful and intentional process to identify a long-term partner aligned with its mission and strategic…
The Council for Affordable Quality Healthcare is transitioning away from its nonprofit structure, sharing how the country’s biggest health insurance companies are now serving as owners, according to a Jan. 6 news release. CAQH was originally founded by a coalition…
Advertisement
Priority Health is now the sole governing member of Group Health Cooperative of Eau Claire, a community-based health plan in Wisconsin serving more than 61,000 members. The transaction was first announced in July and was completed Jan. 1. The move…
The Interfaith Center on Corporate Responsibility, a coalition of faith- and values-based investors, filed a shareholder resolution requesting UnitedHealth Group publish a report “describing the healthcare consequences of its acquisitions over the past 10 years,” according to a Dec. 22…
Several major payer acquisitions have closed or were announced in 2025. 19 deals to note: Blue Cross and Blue Shield of Kansas City (Mo.) and Highmark shared plans to affiliate, with Blue KC planning to keep its brand and headquarters.…
Blue Cross and Blue Shield of Kansas City (Mo.) and Highmark are affiliating. While this is far from Highmark’s first affiliation agreement, there is not a one-size-fits-all blueprint. Four leaders from the organizations spoke with Becker’s about how the arrangement…
UCare is laying off roughly 250 employees in early January as the Minneapolis-based nonprofit insurer moves toward shutting down, the Minnesota Star Tribune reported Dec. 11. Another 650 workers are expected to transition to jobs at Medica, which announced in…