9 recent health plan deals

Here are nine deals involving health plans that have been announced since Dec. 2, 2020:

1. Nashville, Tenn.-based data analytics firm Change Healthcare will combine with UnitedHealth Group subsidiary Optum in a deal amounting to about $13 billion.

2. Harvard Pilgrim Health Care and Tufts Health Plan officially combined Jan. 1.

3. Cigna sold its group life, accident and disability insurance business to New York Life in a $6.3 billion deal.

4. Centene will acquire behavioral health provider Magellan Health through a merger agreement that values Magellan at $2.2 billion.

5. Centene completed its purchase of Pantherx, a Pittsburgh-based pharmacy specializing in drugs to treat rare diseases.

6. Cobalt Ventures, a subsidiary of Blue Cross and Blue Shield of Kansas City, picked up a minority stake in Cedar Gate Technology. Cedar Gate helps providers and payers manage their value-based care programs.

7. Tufts Health Plan had to divest one of its subsidiaries so its merger with Harvard Pilgrim Health Care could move forward. UnitedHealth Group came through as the buyer.

8. Centene completed its acquisition of Apixio, a healthcare-focused data science company.

9. Humana will acquire full ownership of iCare, a Wisconsin Medicaid health plan.

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Articles We Think You'll Like