M&A

Centene has completed the sale of artificial intelligence platform Apixio to the private equity firm New Mountain Capital.

Since taking over the role in March 2022, Centene CEO Sarah London has overseen the divestiture of several non-core businesses. 

From Centene signing an agreement to sell an artificial intelligence platform, to UnitedHealth Group's Optum pitching a $3.3 billion merger with a home-health provider, here are 10 payer merger and acquisition updates Becker's reported since March 31:  

Home and hospice care provider Amedisys has received an unsolicited cash offer from UnitedHealth Group's Optum to merge, following an agreement in May to be purchased by infusion services provider Option Care Health. The deal with Optum is valued at…

Bright Health has sold its virtual care platform Zipnosis to health technology company Florence.

Humana's plan to purchase Wisconsin-based managed care company Inclusa has passed state reviews, the Wisconsin State Journal reported May 11. 

Blue Cross and Blue Shield of Minnesota and Robbinsdale, Minn.-based North Memorial Health will end joint ownership of 25 primary, specialty and hospice care clinics. 

Health Alliance Plan and CareSource have finalized an agreement to create a joint venture to expand Health Alliance Plan's Medicaid business in Michigan. 

From CVS Health completing its acquisition of Oak Street Health, to Blue Cross Blue Shield of Michigan planning to bring on Blue Cross and Blue Shield of Vermont as a subsidiary, here are seven payer merger and acquisition updates Becker's…

Centene has signed a definitive agreement to sell artificial intelligence platform Apixio to the private equity firm New Mountain Capital.