M&A

Blackstone could sell its 50 percent stake in software firm HealthEdge, raising the value of the company to $3 billion, Bloomberg reported Oct. 28.

UnitedHealth Group has sold $9 billion of bonds that will help to refinance short-term debt the company took on to partially fund its purchase of Change Healthcare for $7.8 billion, Bloomberg reported Oct. 25.

UnitedHealth Group is spending at least $100 million to integrate Optum Insight with Change Healthcare, company executives said during an Oct. 14 call with investors.

With UnitedHealth Group's purchase of Change Healthcare now complete, TPG Capital has finalized its acquisition of ClaimsXten for $2.2 billion.

The largest healthcare merger of 2022 has been finalized between Optum and Change Healthcare, and CVS Health plans to acquire home health company Signify for $8 million. These are seven mergers and acquisitions reported by Becker's since Sept. 5:

CVS Health is selling benefits administration platform Bswift. Francisco Partners, a tech investment firm, said Oct. 3 it will acquire the company. 

Molina Healthcare has finalized its acquisition of AgeWell New York's Medicaid managed long-term care business for $110 million.

Cone Health and Novant Health have signed an agreement to co-own HealthTeam Advantage — a Medicare Advantage company owned by Cone Health, which will retain a majority stake.

Blue Cross Blue Shield of Michigan is quietly selling its healthcare technology subsidiary Advantasure for an undisclosed amount to health plan administrator UST HealthProof.

Independence Blue Cross and Penn Medicine are partnering on a value-based primary care model centered around co-ownership of Blue Cross' physician network subsidiary, Tandigm.