Mergers & Acquisitions
American Hospital Association says Anthem is less willing to develop value-based reimbursements.
UPMC affiliation brings benefit of low-cost health insurance plan and ability to recruit top doctors, organizations say.
Attorneys say $54 billion merger would not create the $2.4 billion in cost savings the companies say.
Tianqiao Chen said he intends to work with the CHS management team to turn around the struggling system.
The move comes on the heels of its acquisition of Washington-based Group Health Cooperative on Feb. 1.
Cigna defers to Anthem in arguing the appeals court should allow the $54 billion merger.
McKesson will hold a 70 percent stake in the company until Change's upcoming initial public offering.
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.