Mergers & Acquisitions
Anthem accuses Cigna of sabotaging deal and says it will not pay the $1.8 billion break-up fee that was initially part of the agreement.
Insurance giant is seeking a review of the 2-1 decision from the appeals court blocking its $54 billion merger with Cigna.
Merger contract stipulated that Aetna would pay Humana a $1 billion breakup fee should the deal not go through.
Statement leaves door open for potential Supreme Court appeal; Anthem, Cigna decline comment.
Baptist Memorial operates 17 hospitals in Arkansas, Mississippi and Tennessee; Mississippi Baptist runs four hospitals in the state.
Deal with HCA is expected to close this summer as system strives to cover $1.2 billion debt.
Two to one decision backed the opinion that the merger would seriously impact competition in the market, court said.
CEO Joe Swedish leaves door open for Express Scripts return, said Anthem is entering ACA market on assumption cost-sharing reduction payments go on.
United States Court of Appeals is currently considering Anthem's appeal of a district court ruling in February blocking the merger.
Businesses' revenues totaled $2.3 billion for the 12-month period ending October 2016, Cardinal Health said.