Amerigroup has agreed to amend its deal with WellPoint, which announced in July that it was acquiring the Medicaid insurer for $4.9 billion, over claims that it inappropriately negotiated the buyout.
Coventry investors have filed a lawsuit to block Aetna's $5.6 billion acquisition of the insurer, claiming the company's chief executive failed to adequately shop around for the highest offer.
Amerigroup has agreed to sell its Virginia operations to health provider Inova after the U.S. Department of Justice's antitrust queries into WellPoint's $4.9 billion acquisition of the managed care insurer.
After West Penn Allegheny Health System canceled its deal to be purchased by Highmark last week, Highmark filed a lawsuit to prevent the health system from engaging in new acquisition discussions with other potential buyers.
Highmark's $475 million acquisition of West Penn Allegheny Health System has been canceled.
Health Care Service Corporation is getting even bigger. The fourth largest health insurer said Monday it would acquire Blue Cross Blue Shield of Montana.
Payers and providers continue aligning to form mega health systems. For example, HealthPartners, the third largest insurer in Minnesota, is merging with health system Park Nicollet Health Services.
The merger between Aetna and Coventry, which was just announced Monday, may be one of the last big deals where major insurers acquire smaller Medicare- and Medicaid-focused companies.
WellPoint's announcement that it was investing $4.9 billion to buy Medicaid insurer Amerigroup--the highest premium paid for a managed care company in 15 years--may be indicative of similar deals popping up throughout the industry
As part of its plan to create a statewide health information network, Highmark said it's acquiring a controlling interest in Pennsylvania community hospital, Jefferson Regional Medical Center, in a "strategic partnership" valued at more than $200 million.