Transactions & Valuation Issues

Here are five commercial health insurers that recently announced expansions of their Medicare Advantage products for the 2021 coverage year: 

Blue Cross Blue Shield insurers tentatively reached a $2.7 billion settlement in an antitrust lawsuit that accuses the companies of conspiring to divide markets and avoid directly competing with each other. 

Here are four recent settlements and lawsuits that have involved commercial health insurers in the past few weeks:

New Orleans-based LCMC Health announced Oct. 1 that it has completed its acquisition of East Jefferson General Hospital in Metairie, La. 

Advocate Aurora Health and Beaumont Health have called off plans to merge, about five months after signing a letter of intent to combine. 

Columbia, Mo.-based Boone Hospital Center will become an independent organization three months later than planned, according to The Columbia Daily Tribune.

Wyoming Medical Center in Casper has officially joined Phoenix-based Banner Health, the organizations said this week.

Nashville, Tenn.-based HCA Healthcare has sold Garden Park Medical Center in Gulfport, Miss., to Singing River Health System.

Lafayette (La.) General Health, a seven-hospital system, has completed its merger with New Orleans-based Ochsner Health System, roughly one year after they signed a letter of intent to combine. 

Cigna is significantly expanding its Medicare Advantage footprint for the 2021 open enrollment period, the insurer said Oct. 1.