Mergers & Acquisitions
Anthem asserts deal will close under new administration, AMA says.
Annual AHIP Institute and Expo takes place June 7-9 in Austin, Texas.
The acquisition includes more than 14,500 providers, expanding CareCredit's national network of more than 200,000 healthcare providers.
Insurer hopes new Department of Justice could be more favorable to the merger.
Anthem vows to hold Cigna to the merger agreement and says it remains committed to closing the transaction.
The decision also voids Aetna's previously announced agreement to sell certain Medicare Advantage assets to Molina Healthcare.
University Hospitals' entrance comes a little more than a year after they opened a new level-one trauma center.
On Jan. 23, a federal court ruled against Aetna's proposed $37 billion merger with Humana.
Judge ruled the merger could hurt competition for large, national accounts.
DOJ alleged that subsidiary IPC pressured physicians to bill for higher levels of service than what was provided.