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…
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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…
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.…
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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…
Blue Cross and Blue Shield of Kansas City (Mo.) and Highmark, both nonprofit independent licensees of Blue Cross Blue Shield, are planning to affiliate, according to a Dec. 11 news release. Blue KC will retain its local leadership and headquarters…
UnitedHealth Group is selling its last South American business, Banmedica, to Brazilian private equity firm Patria Investments for $1 billion, CNBC reported Nov. 30. Banmedica operates in Colombia and Chile and includes 1.7 million health insurance members, seven hospitals and…
Cobalt Health Solutions, a subsidiary of Blue Cross and Blue Shield of Kansas City (Mo.), is selling Cobalt MedPlans to MDI NetworX, according to a Nov. 24 news release. Cobalt MedPlans offers administrative services to payers, assisting a variety of…