Transactions & Valuation Issues

One of Farmington, Conn.-based ConnectiCare's two headquarters buildings is up for sale at $18.85 million, the Hartford Business Journal reports.

Bloomfield, Conn.-based Cigna and HealthCare Partners in El Segundo, Calif. — a division of DaVita Medical Group — will jointly offer Los Angeles-area employers health plans beginning April 1.

Eleven health systems in North Carolina are teaming up to establish a Medicaid managed care company, The Fayetteville Observer reports.

Minnetonka, Minn.-based UnitedHealthcare sold about 3.5 acres of land in Eden Prairie, Minn., for $1.4 million, according to a Minneapolis/St. Paul Business Journal report.

Aetna entered into agreements Wednesday for the accelerated repurchase of $3.3 billion of the company's outstanding common stock after the Hartford, Conn.-based insurer's board authorized the repurchase of an additional $4 billion worth of the company's stock last week.

More Medicare ACOs are taking on upside and downside risk under CMS' Medicare Shared Savings Program and Next Generation ACO Model, according to innovation company Avalere.

Atlanta-based Piedmont Healthcare will begin operating and providing clinical services at the retail clinics inside 27 Walgreens stores in the Atlanta area in August.

The Billings (Mont.) Clinic and the Aurora-based Children's Hospital Colorado formalized a care alliance to provide children and families visiting both institutions the highest level of coordinated medical care.

Churchill Downs, which hosts the annual Kentucky Derby, is partnering with the Louisville, Ky.-based Norton Cancer Institute to collaborate on a women's breast health program to assist those undergoing breast cancer treatment, according to the Paulick Report.

Some St. Louis-based St. Anthony's Medical Center physicians have expressed concern over the institution's proposed affiliation with Mercy Hospital St. Louis, according to CBS St. Louis.