The total value of the proposed transaction was not provided. The price offered in the acquisition bid was $3.47 per share.
Banmedica’s shares rose 3.7 percent on Friday following the announcement, the report states.
More articles on payer issues:
3 M&A trends in the payer services market
CarePoint Health, Horizon BCBS resolve $76M billing dispute
Evergreen Health to be liquidated, Anthem expands ACA exchange scaleback to 2 states & more — 5 payer highlights
Next Up in Payer
-
Neither bill proposing solutions to the impending ACA enhanced subsidy expiration survived a Dec. 11 Senate vote. While Senate Democrats…
-
CMS’s proposed Medicare Advantage rule for 2027 includes more leeway for hemp coverage. Hemp has low concentrations of tetrahydrocannabinol, as…
-
Nearly 5.8 million people have enrolled in ACA marketplace plans for 2026 coverage, outpacing last year’s enrollment figures at the…
Join the payer & health plan leaders who start their day with Becker's
