Mergers & Acquisitions
The strategic $745M transaction opens new opportunities for Astrana in Orange County, California, where it has limited operations, says CEO.
The deal is expected to add to Cencora's capabilities in Specialty and expand its MSO business.
The majority of proceeds from the sale of its Medicare businesses will be used for share repurchase, Cigna says.
The deal will allow Summa Health to eliminate $850M in existing debt.
Massachusetts Health Policy Commission plans to closely monitor RHG's operation of Stewardship going forward.
Elevance Health CEO Gail Boudreaux said it will serve as the foundation for subsidiary Carelon's home health business.
Healthcare companies will be required to provide more information to regulators ahead of any proposed mergers.
Four "mega merger" transactions were announced in the quarter.
Cardinal Health says the transaction is part of its effort to help community healthcare providers maintain their independence.
Northwest Healthcare has invested about $200M in capital projects in the Tucson metro area over the past 5 years.