M&A

Molina Healthcare has closed the acquisition of ConnectiCare, a subsidiary of New York City-based EmblemHealth. 

The sale of Cigna's Medicare Advantage business to Health Care Service Corp. has been approved by all federal regulators, according to The Cigna Group CFO Brian Evanko. 

Elevance Health has "many areas of interest" when it comes to future acquisitions Carelon President and Elevance Executive Vice President Peter Haytaian told investors. 

Little Rock-based Arkansas Blue Cross and Blue Shield is discussing a potential merger with Cambia Health Solutions, Arkansas Business reported Jan. 21. 

Imagine360, a health plan for self-funded employers, has purchased Ardent Health's third-party administrator, HealthFirst.

UnitedHealth Group has asked a federal judge to dismiss the Justice Department's challenge to its acquisition of Amedisys, or require the department to provide more specific data on how the deal could harm competition. 

Personalized health navigation company Transcarent is planning to purchase health benefits navigator Accolade for $621 million.

UnitedHealth Group and the Justice Department disagree on a date for trial that will determine the fate of the company's planned merger with Amedisys. 

CareSource has completed the acquisition of Common Ground Healthcare Cooperative, one of the last surviving ACA co-op plans. 

Elevance Health has completed its acquisition of Indianapolis-based Indiana University Health's health plan.