BCBS $2.7 billion settlement receives final approval
Photo: Blanchi Costela/Getty Images A long-running $2.7 billion antitrust settlement against Blue Cross Blue Shield has been finalized in federal...
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Megadeals push healthcare merger activity to $19.2 billion in Q2
Photo: Mikolette/Getty Images Healthcare mergers and acquisitions had a banner quarter in the second quarter of this year, with a...
Health insurers will issue roughly $1 billion in rebates this year
Photo: The Good Brigade/Getty Images Due to the Medical Loss Ratio provision of the Affordable Care Act, health insurers will...
Pfizer set to acquire Biohaven Pharmaceuticals for $11.6 billion
Photo: Violeta/Stoimenova/Getty Images Drug manufacturer Pfizer has entered into a definitive agreement to acquire Biohaven Pharmaceuticals, a maker of migraine...
Centene divesting two pharmacy businesses for combined $2.8 billion
Photo: Shana Novak/Getty Images In two separate transactions, insurer Centene is divesting two of its pharmacy businesses, Magellan Rx and...
Optum led UnitedHealth Group’s $5 billion earnings growth in Q1
UnitedHealth Group showed a slight year-to-year improvement in the first quarter of this year in posting a $5 billion profit,...
Justice Department sues to block UnitedHealth Group’s $13 billion acquisition of Change Healthcare
Photo: Glowimages/Getty Images The Department of Justice has filed a civil lawsuit to stop the $13 billion merger between...
COVID-19 Costs Insurance Sector $44 Billion
The COVID-19 pandemic has been the third most catastrophic event in history for the insurance industry though policy exclusions may...
CVS Health projecting $304 billion in revenue next year
Photo courtesy of CVS Health CVS Health has projected a healthy chunk of revenue in 2022 to the tune of...
Rural providers are getting $7.5 billion in American Rescue Plan funds
Photo: Knaupe/Getty Images Rural providers who serve Medicaid and Medicare beneficiaries are getting $7.5 billion in American Rescue Plan Rural...
