Jacob Emerson –
Monday, October 3rd, 2022
The largest healthcare merger of 2022 has been finalized between Optum and Change Healthcare, and CVS Health plans to acquire home health company Signify for $8 million. These are seven mergers and acquisitions reported by Becker’s since Sept. 5:
- Optum completed its $7.8 billion merger with Change Healthcare Oct. 3 following a federal judge clearing the path for UnitedHealth Group to move forward with the acquisition after an antitrust challenge from the Justice Department.
- CVS Health said Oct. 3 it is selling health benefits administrator Bswift to investment firm Francisco Partners for an undisclosed amount. The deal is expected to close before the end of 2022.
- Molina Healthcare said Oct. 3 it has finalized its acquisition of AgeWell New York’s Medicaid managed long-term care business for $110 million.
- Cone Health and Novant Health signed an agreement Sept. 29 to co-own HealthTeam Advantage — a Medicare Advantage company owned by Cone Health, which will retain a majority stake.
- Independence Blue Cross and Penn Medicine are partnering on a value-based primary care model centered around co-ownership of Blue Cross’ physician network subsidiary, Tandigm. The payer said Sept. 27 it would sell a minority equity stake in Tandigm to the Philadelphia health system for an undisclosed amount.
- Blue Cross Blue Shield of Michigan is selling its healthcare technology subsidiary Advantasure for an undisclosed amount to health plan administrator UST HealthProof, according to a Sept. 19 news release.
- CVS Health entered into a definitive agreement Sept. 5 to acquire Signify Health, a home health company, for about $8 billion.
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