M&A

UnitedHealth Group and Amedisys have reached a proposed final agreement with the Justice Department and attorneys general in four states to resolve an antitrust lawsuit that had temporarily halted their proposed $3.3 billion merger.  On Aug. 7, the U.S. District…

Priority Health, the insurance arm of Grand Rapids, Mich.-based Corewell Health, will become the governing member of Group Health Cooperative of Eau Claire, a Wisconsin-based health plan with more than 61,000 members. Both organizations expect the transaction to close by…

Health Care Service Corporation has launched its national HealthSpring brand following the company’s acquisition of Cigna’s Medicare business. In March, HCSC purchased Cigna’s Medicare Advantage, Part D and supplemental benefits businesses, along with a value-based care management subsidiary, for $3.3…

CenterWell, Humana’s older adult-focused primary care business, has inked an agreement to acquire The Villages (Fla.) Health.  The Villages Health has filed for bankruptcy, according to a July 3 news release. Humana has entered a stalking horse agreement to purchase…

UnitedHealth Group is exploring the sale of its Banmedica subsidiary, which operates in Colombia and Chile, Reuters reported June 9. The company has been trying to exit Latin America since 2022, but the reported sale has taken on increasing urgency…

SCAN Group has purchased full ownership of myPlace Health, an integrated care delivery organization serving older adults in their homes through the PACE model. myPlace launched in 2021 as a collaboration between SCAN and Commonwealth Care Alliance in Los Angeles.…

CareSource will pursue affiliation with Lakeland Care, a Fond du Lac, Wis.-based managed care company. Following regulatory approvals, Lakeland will become part of Dayton, Ohio-based CareSource, which serves more than two million Medicaid members across 13 states. Lakeland serves older…

At least eight health systems are getting out of the insurance business. 

UnitedHealth Group and Amedisys have reached a deal to divest some home health and hospice clinics to BrightSpring Health and the Pennant Group.  According to a May 1 regulatory filing, the two companies reached a deal to sell certain home…

Nashville-based Meharry Medical College has purchased eight medical clinics from a joint venture between BlueCross BlueShield of Tennessee and Sanitas. The clinics, located in Nashville and Memphis, currently serve a total of 25,000 patients and employ 40 providers, according to…