From January through the end of June, just five deals with a combined total of $1.69 billion in the managed care sector were announced. From July through the end of October, the number of deals doubled, reaching 10 with a combined total of $4.1 billion. Additionally, seven of the 10 deals involved “hard-core managed care companies, such as Medicare Advantage plans” as opposed to the deals earlier in the year, which were more likely to involve ancillary services, according to the report.
The largest deal during the second half of the year took place in October, when Cigna acquired HealthSpring’s Medicare Advantage plans for $3.8 billion.
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