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(Reuters) -U.S. health insurer Cigna has ended its attempt to negotiate an acquisition of rival Humana after the pair failed to agree on price, two sources familiar with the situation said on ...
U.S. health insurers Cigna and Humana are in talks to merge, a potential deal likely to face aggressive scrutiny from the U.S. Justice Department (DOJ) if antitrust history with similarly sized ...
In 2010, Humana bought Texas-based Concentra Inc., which owns urgent-care and physical therapy centers, for $790 million, effectively returning to healthcare services. [5] In May 2011, Humana announced it would be using mobileStorm to transmit protected health information to patients. [13]
In a press release, Humana stated that "Concentra's operations did not ultimately align with Humana's strategy as well as we had originally anticipated." [ 7 ] In June 2015 [ 8 ] Humana sold Concentra shares to a joint venture between Select Medical Holdings Corporation (Select Medical) and Welsh, Carson, Anderson & Stowe, a private equity fund ...
As part of the transaction, to obtain regulatory approval, 25,000 customers were sold to Humana. [29] In July 2009, UnitedHealth Group agreed to acquire Health Net's Northeast licensed subsidiaries for up to $570 million in payments spread out over two years. [30]
Almost two weeks after their contract lapsed, WakeMed and insurance giant Humana have yet to reach a deal, leaving many Medicare patients out of network. WakeMed and Humana contract dispute could ...
The Cigna Group is an American multinational for-profit managed healthcare and insurance company based in Bloomfield, Connecticut. [2] [3] Its insurance subsidiaries are major providers of medical, dental, disability, life and accident insurance and related products and services, the majority of which are offered through employers and other groups (e.g., governmental and non-governmental ...
WakeMed did not ask Humana to pay more for its services in the new contract, the spokesman said. “Meanwhile, Humana is demanding a rate cut because ‘2024 will be a challenging year financially ...