Indianapolis-based Anthem moved to block Bloomfield, Conn.-based Cigna from ending their $54 billion merger agreement on April 30, when the contract is set to expire, according to a Law360 report.
Transactions & Valuation Issues
Pasadena, Calif.-based Huntington Hospital and Providence St. Joseph Health, with offices in Renton, Wash., and Irvine, Calif., embarked on a partnership to expand both institutions' services to residents in the area.
Hannibal (Mo.) Regional Healthcare System declared plans to acquire Kirksville, Mo.-based Complete Family Medicine, according to the Herald-Whig.
The Arnot Health Falck Cancer Center in Elmira, N.Y., plans to expand its existing cancer care partnership with the University of Rochester (N.Y.) Wilmot Cancer Center, according to the Stargazette.
Pharmacy benefit manager Express Scripts is slated to lose its largest client, Indianapolis-based Anthem, by 2019 amid a continuing legal battle, Bloomberg reports.
Here are seven contract impasses and agreements that took place between payers and providers in April so far.
Memphis, Tenn.-based Baptist Memorial Health Care Corp. will replace Memphis-based Methodist Le Bonheur Healthcare as an in-network hospital in BlueCross BlueShield of Tennessee's Network S, according to a Memphis Business Journal report.
Dayton, Ohio-based Premier Health and Minnetonka, Minn.-based UnitedHealthcare have yet to ink a provider agreement as of April 21, 2 News reports.
The CEO of Connecticut's health insurance exchange, Access Health CT, said he is apprehensive the state-based marketplace will have no insurers offering 2018 coverage, The CT Mirror reports.
The following healthcare mergers, acquisitions and general partnerships took place or were announced the week of April 17.