Pittsburgh-based Highmark, Pennsylvania's largest insurer, is joining the ranks of other payers looking to raise their premium prices on Affordable Care Act exchange plans, according to the Tribune Review.
Transactions & Valuation Issues
Losses incurred during the first few years of the Affordable Care Act's implementation are driving some big health plans to seek substantial premium increases in 2017 for individual plans sold through the insurance exchanges of more than a dozen states,…
Macon-based Central Georgia Health Network has entered into partnership talks with Stratus Healthcare.
The Connecticut Insurance Department has given the green light to the Aetna-Humana merger, according to The CT Mirror.
Buffalo, N.Y.-based Kaleida Health has signed a letter of intent to affiliate with Olean, N.Y.-based Upper Allegheny Health System.
Clarendon Health System in Manning, S.C., has approved a management agreement with Florence, S.C.-based McLeod Health, according to a Manning Live report.
Asheboro, N.C.-based Randolph Hospital has entered into a management services agreement with Greensboro, N.C.-based Cone Health, effective June 1. Under the management agreement, Randolph Hospital will remain independently owned and governed by its current board of directors.
Despite questions revolving around the future location of its headquarters, Hartford, Conn.-based Aetna has remained fairly quiet about plans to potentially move its home base, according to the Hartford Courant.
Mount Sinai Beth Israel has put an apartment building housing medical residents up for sale, as the 856-bed New York City-based hospital and its affiliates have lost hundreds of millions of dollars over the past few years.
Earlier this week, a series of letters reviewed by The Wall Street Journal unveiled the proposed merger between Anthem and Cigna could be delayed or derailed due to squabbles between the insurers. But Anthem's CEO begs to differ.