Mergers & Acquisitions
This week's top stories include Optum and Change uniting; Amazon, Berkshire Hathaway and JPMorgan Chase's Haven joint venture calling it quits; and patient engagement tools playing a key role in streamlining the COVID-19 vaccine rollout.
The sale will let Walgreens focus on its retail pharmacy and healthcare businesses, which in recent months have included a foray into primary care.
Patient care at the local level will remain intact, but will benefit from expanded services connecting people to more specialized care.
The transaction is expected to broaden Centene's whole-health capabilities and establish a leading behavioral health platform.
The $6.3 billion acquisition is the largest in New York Life’s company history, according to chairman and CEO Ted Mathas.
LRGHealthcare filed for bankruptcy in October after years of being in a “precarious financial state.”
The FTC failed to make the case that the merger would harm competition, according to the district court.
The decision was reportedly due to a change in leadership at Sanford Health, due to its former CEO leaving after refusing to wear a face mask.
The agreement is a “natural evolution” of the decades-long relationship between Joslin and Beth Israel, the organizations say.
RWJBH will make significant investments in Trinitas and expand its network of outpatient services.