Mergers & Acquisitions
The deal establishes one of the area's largest provider-sponsored health plans.
Agnesian HealthCare, Monroe Clinic and their affiliates will adopt the SSM Health brand, while still honoring their legacy names.
The Missouri-based health system will expand with more than 30 new co-branded facilities containing with smart glass rooms, transparent charting, mobile x-ray equipment.
The system also announced $12 million investment in JFK Medical Center cardiac catheterization lab.
The companies will also build a new managed services organization called True Health New Mexico.
After failed merger with Humana, Aetna would need to convince feds that the merger is more than two industry behemoths coming together.
Amazon's potential foray into pharmacy business could squeeze providers' bottom lines even more.
Proposed cuts to reimbursement from the Centers for Medicare and Medicaid Services likely played a role.
Aetna will focus on core health insurance business while The Hartford Group will grow to become second largest life and disability insurer.
The combination of Medsphere's EHR and Stockell's revenue cycle management in the cloud will be offered through a subscription service payment model.