M&A

UnitedHealth Group's Optum, the largest employer of physicians in the U.S., is seeking to acquire physician-owned Corvallis (Ore.) Clinic. 

Bright Health has closed the sale of its last insurance business to Molina Healthcare. 

UnitedHealth Group will sell its health insurance and hospital operations in Brazil to a private investor for an undisclosed amount, the company said in regulatory documents filed Dec. 29.

UnitedHealth Group has received multiple offers to offload its Brazil unit, Bloomberg reported Dec. 20. 

Molina Healthcare reduced its offer for Bright Health's California Medicare Advantage business. 

Health Care Service Corp. and Elevance Health are vying for Cigna's Medicare Advantage business, Bloomberg reported Dec. 15. 

Blue Cross and Blue Shield of Louisiana and Elevance Health have submitted a new proposal to the Louisiana Department of Insurance to allow the nonprofit insurer to be bought by Elevance, nola.com reported Dec. 15. 

Although its merger with Humana has fallen through, Cigna is still considering the sale of its Medicare Advantage business, The Wall Street Journal reported Dec. 10. 

A planned merger between the Cigna Group and Humana has been called off following a disagreement over price and other financial terms, The Wall Street Journal reported Dec. 10. 

Almost a year after CareOregon and SCAN Group announced plans to merge, the deal is still in the regulatory process.