Cigna signed a definitive agreement to acquire Express Scripts for $67 billion in cash and stock, including assumption of $15 billion in Express Scripts debt.
Payer
UnitedHealth Group's insurance arm, UnitedHealthcare, changed its emergency department reimbursement policy for commercial and Medicare Advantage plans.
Atlanta-based Piedmont Healthcare still lacks a new contract with Anthem Blue Cross Blue Shield of Georgia, the Newnan Times-Herald reports.
Aetna will support March For Our Lives, a rally against gun violence and mass shootings, with a $200,000 donation, the insurer's CEO Mark Bertolini wrote in a LinkedIn post.
Later this year, Blue Shield of California will mandate network providers participate in Manifest MedEx, the state's nonprofit health information network.
Cigna established its headquarters for Middle East and North Africa operations in the Dubai World Trade Center.
Yale New Haven (Conn.) Health will remain in Anthem Blue Cross and Blue Shield's network through 2020 under a new contract.
Sarasota (Fla.) Memorial Hospital and Florida Blue have yet to reach an in-network agreement as a March 31 termination deadline looms, the Herald-Tribune reports.
CVS Health is offering $40 billion of debt in the third-largest bond sale ever to finance its purchase of Aetna, Bloomberg reports.
Centene Corp. signed a definitive agreement to buy Community Medical Group, an at-risk primary care provider serving 70,000 government-insured beneficiaries in Florida.
