Mergers & Acquisitions
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.
This week's top stories include Under Armour throwing all its weight behind MapMyFitness, HHS unveiling its 2020-2025 Federal Health IT Strategic Plan, and CMS approving a Georgia waiver to transition to a non-ACA private sector marketplace.
Braven Health teams two of the largest provider systems in New Jersey with one of the largest insurers in the state.
Despite a dip in M&A activity in 2020, analysts predict the pent-up activity from the pandemic will "very likely" cause a surge in deals in 2021.