UnitedHealth Group has purchased a four-story, 79,000 square foot medical office building in Henderson, Nevada. The $46.1 million building houses Optum Nevada’s new Cactus Healthcare Center and marks the largest medical office transaction in the Las Vegas market this year,…
M&A
“Affiliation” is a buzzword in insurer partnerships. It may seem ambiguous, but this is a standard term for nonprofit M&A-type activity. A CareSource spokesperson told Becker’s that the nonprofit does not always use the term “acquisition,” instead calling an agreement…
Independent Health plans to join fellow nonprofit insurer MVP Health Care, according to a Nov. 18 news release. Together, the organizations would encompass more than 1 million members, $7 billion in annual revenue and more than 3,000 employees. “Joining the…
Cambia Health Solutions and Blue Cross and Blue Shield of Arkansas have signed a definitive agreement to form a strategic affiliation. Under the agreement, Arkansas Blue Cross will continue to operate as an Arkansas-based health insurance company, maintaining its local…
The Justice Department is asking a Maryland federal court judge to appoint William Berlin as compliance monitor as part of the settlement agreement allowing UnitedHealth Group to acquire Amedisys. UnitedHealth completed its acquisition of the home health and hospice provider…
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Arkansas Blue Cross and Blue Shield confirmed it is exploring an affiliation with Cambia Health Solutions, The Arkansas Democrat Gazette reported Oct. 30. A spokesperson for Arkansas BCBS told the news outlet the “strategic affiliation agreement” the company is considering…
Optum’s Massachusetts-based subsidiary Atrius Health plans to acquire Acton Medical Associates, a 45-provider primary care group serving nearly 37,000 patients in the Boston area, according to a Sept. 25 filing from the Massachusetts Health Policy Commission. Atrius, a Newton-based physician…
NeueHealth, formerly known as Bright Health, went private Oct. 2 with the closing of a $1.5 billion deal. The company was acquired by an affiliate of venture capital firm New Enterprise Associates, according to an Oct. 2 news release. Common…
The U.S. Bankruptcy Court for the Middle District of Florida has approved a bid from Humana’s CenterWell to acquire the assets of The Villages Health, the health system serving The Villages retirement community in Florida. TVH filed for Chapter 11…
CareSource and New York-based ElderServe Health have finalized their affiliation, effective Sept. 1. ElderServe Health, which offers Medicaid and Medicare to elderly or disabled New Yorkers, will no longer operate under RiverSpring Living, its former parent company, according to a…