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Centene Signs Definitive Agreements To
Divest Two Pharmacy Businesses In Separate
Transactions
Centene Corporation
announced that it has signed a definitive
agreement to sell Magellan Rx to Prime
Therapeutics LLC and a separate definitive
agreement to sell PANTHERx Rare to a consortium
of The Vistria Group, General Atlantic, and
Nautic Partners. Subject to customary purchase
price adjustments, Centene expects to receive
aggregate proceeds of approximately $2.8 billion
from the transactions.
Centene, May 5,
2022
Medica paid nearly $233 million for
majority stake in Wisconsin health plan
Minnetonka-based Medica invested more than $200
million in 2021 to acquire a majority stake in
Dean Health Plan, a Wisconsin-based health
insurer that fits with Medica's push to sell
more coverage by partnering with health systems
in the Midwest and beyond.
Star-Tribune,
May 5, 2022
Arthur J. Gallagher & Co. Acquires
Lighthouse Insurance Group, LLC
Arthur J. Gallagher & Co. announced the
acquisition of Independence, Ohio-based
Lighthouse Insurance Group, LLC (LIG). Terms of
the transaction were not disclosed. Founded in
2009, LIG offers health insurance products,
Medicare plans and advisory solutions to
families and individuals throughout the United
States who do not qualify for conventional
corporate plans. LIG manages a diverse customer
lead generation network comprised primarily of
third-party lead providers, direct carrier
partners and more than 80 associations.
Arthur J. Gallagher, May 2, 2022
GuideWell and Highmark Ventures Lead $35 Million
Funding Round for
Healthmap Solutions
GuideWell
and Highmark Ventures lead a $35 million funding
round for kidney health leader Healthmap
Solutions , a NCQA accredited kidney population
health management company. Previous investors
Windrose, DCHP, Shulman Ventures, and management
also participated. GuideWell is the parent of
Florida Blue and Triple-S Management, the Blue
Cross Blue Shield plans of Florida and Puerto
Rico, while Highmark and its Blue-branded
affiliates cover members in Pennsylvania,
Delaware, West Virginia, and New York.
Healthmap, May 2, 2022
Optum’s $236M Deal With Atrius Health
Receives Final Regulatory Approval
The Massachusetts Supreme Court has approved a
proposal by UnitedHealth Group subsidiary Optum
to acquire Atrius Health, one of the largest
non-profit physician groups in the state, for
$236 million. Massachusetts Supreme Court Judge
Delilah Argaes Wendtland ruled that the proposed
deal was in the public interest and that it
would not be appropriate for Atrius to continue
as a non-profit organization. Atrius Health was
experiencing financial difficulties.
NewsQuick24, May 2, 2022
UnitedHealth plans to sell Change’s
claims editing unit for $2.2B to aid merger
UnitedHealth is planning to sell Change
Healthcare’s claims payment and editing business
to private equity firm TPG Capital for $2.2
billion, according to a Friday filing with the
SEC, in a bid to ease antitrust concerns dogging
the UnitedHealth-Change merger. The sale of
ClaimsXten is contingent on UnitedHealth
completing its planned acquisition of data
analytics company Change, the filing said.
HealthcareDive, April 26, 2022
Optum To Acquire Kelsey-Seybold Clinic
Optum, a division of UnitedHealth Group, signed
an agreement to acquire Kelsey-Seybold Clinic, a
multi-specialty group medical practice based in
Houston, Texas. Terms have not been disclosed.
Kelsey-Seybold is a multispecialty group
practice, founded in 1949 by Dr. Mavis Kelsey in
Houston’s Texas Medical Center. More than 500
physicians and allied health professionals
practice at 24 locations in the Greater Houston
area. Kelsey-Seybold offers medical care in 55
medical specialties.
OpenMinds, April 8,
2022
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