Mergers & Acquisitions
The structure of the relationship has yet to be decided, but will be determined following a due diligence process.
Among Humana's goals are to cover the pharmacy-related needs linked to hospice care, and simplify the mail order pharmacy experience.
Non-profit hospitals on track for higher operating cash flow and continuing M&A activity, though demographic and policy risks remain
Centene will retain IlliniCare's Medicare-Medicaid Alignment Initiative business and its YouthCare foster care contract, set for February.
No reason was given for the decision, which negates plans that would have resulted in a system ranking among the biggest U.S. nonprofits.
The health systems had proposed forming a joint operating company to manage hospitals in six counties.
In an ongoing effort to consolidate and reduce debt, CHS is exiting the state in a deal expected to close by year's end.
The five-year-old Illinois company offers digital health content middleware in the form of APIs used by Microsoft, MDLive and others.
Arguments against the merger were insufficient to undermine the settlement agreement reached by the Department of Justice, judge says.
The transaction is expected to be complete in early 2020 following approval by Total Health Care members and state officials.