As the total number of people who have been hospitalized for COVID-19 continues to rise across the U.S., there is increasing interest in the pandemic’s impact on costs incurred by patients, public and private payers, and revenues for hospitals and other health care providers. With many severely ill COVID-19 patients requiring hospital care, the pandemic […]
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Here are 14 acquisitions, partnerships, affiliations and mergers involving health plans this year, beginning with the most recent, per Becker’s Payer Issues. Read the full article: 14 Health Plan Deals This Year // Source: https://www.beckershospitalreview.com/payer-issues/13-health-plan-deals-this-year.html
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HealthEZ (or the “Company”), a leading independent third-party administrator (TPA) of self-funded medical plans, today announced that Abry Partners (“Abry”), one of the premier sector-focused private equity investment firms in North America, has acquired a majority stake in HealthEZ. With this transaction, Abry adds HealthEZ to its growing portfolio of healthcare services investments. Abry’s investment
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Propel Insurance, a retail insurance agency and a portfolio company of Flexpoint Ford, has acquired HealthCare Services (HCS), a risk management and insurance consulting firm based in Knoxville, Tenn., that specializes in serving senior care organizations. The combined agency will generate in excess of $120 million of annual revenue in 2020 and will have seven
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Molina Healthcare, Inc. (NYSE: MOH) today announced that it has completed its acquisition of certain assets of YourCare Health Plan, Inc., a not-for-profit subsidiary of Monroe Plan for Medical Care. As a part of the transaction, Molina assumed the right to serve approximately 47,000 Medicaid members in seven counties in the Western New York and
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