Blue Cross Blue Shield of Michigan is planning to bring on Blue Cross and Blue Shield of Vermont as a subsidiary.
M&A
UnitedHealth Group's recently acquired LHC Group is buying Delaware-based home health company Summit Home Care.
Optum has purchased Middletown, N.Y.-based Crystal Run Healthcare, a multispecialty physician group with over 400 providers across more than 30 locations.
The U.K.'s Competition and Markets Authority referred UnitedHealth Group's proposed acquisition of the health technology firm EMIS Group for an in-depth investigation.
The Standard will acquire Elevance Health's disability, accidental death and dismemberment, absence management and paid family leave businesses.
The Justice Department is no longer pursuing an appeal to block UnitedHealth Group's $7.8 billion purchase of Change Healthcare that closed in October, Reuters reported March 21.
Sen. Elizabeth Warren is asking the Federal Trade Commission to review CVS Health's proposed $10.6 billion acquisition of Oak Street Health.
Blue Cross and Blue Shield of Louisiana CEO Steven Udvarhelyi, MD, said the company's pending sale to Elevance Health will not lead to layoffs or office closures, the Greater Baton Rouge Business Report reported March 16.
UnitedHealth Group closed its acquisition of Lafayette, La.-based home health firm LHC Group on Feb. 22, nearly 11 months after the proposed acquisition was announced. Here is a timeline of the deal:
Elevance Health agreed to pay $2.5 billion for Blue Cross and Blue Shield of Louisiana, its first state Blue Cross Blue Shield acquisition in over 15 years, Bloomberg reported Feb. 27.
