Tea Leaves: January 5, 2024: M&A

by | Mar 11, 2024 | M&A, Tea Leaves

Elevance Health is acquiring Paragon Healthcare, a Texas-based company specializing in infusible and injectable drug therapies. Paragon Healthcare patients will receive medical and pharmacy benefits from Elevance Health subsidiaries and operate within CarelonRx,...

Tea Leaves: January 4, 2024: M&A

by | Mar 11, 2024 | M&A, Tea Leaves

Cigna is in exclusive talks to sell its Medicare Advantage (MA) portfolio to Health Care Service Corp. (HCSC) at a price of up to $4 billion. Should there be a deal, it would mark a major expansion for HCSC, a big nonprofit health insurer that is the parent of Blue...

Wednesday, August 16, 2023: M&A

by | Sep 11, 2023 | M&A, Tea Leaves

Data analytics company Definitive Healthcare announced on Monday that it acquired fellow data firm Populi for $52 million in cash. Founded in 2020, Populi offers commercial data to help health care providers analyze their markets, understand when patients leave a...

Monday, August 14, 2023: M&A

by | Sep 11, 2023 | M&A, Tea Leaves

The Department of Justice (DOJ) is requesting more information from Amedisys regarding its proposed $3.3 billion deal to be acquired by UnitedHealth Group, which pushes back the timing of the deal. Amedisys and UnitedHealth Group filed the required pre-merger...

Friday, August 11, 2023: M&A

by | Sep 11, 2023 | M&A, Tea Leaves

Danish drugmaker Novo Nordisk has agreed to buy Inversago Pharma, a Montreal-based developer of anti-obesity drugs, for upwards of $1.1 billion in cash. Novo isn’t content to rest on its weight loss laurels, despite the popularity of its Ozempic and Wegovy...

Friday, July 28, 2023: M&A

by | Jul 31, 2023 | M&A, Tea Leaves

Sanford Health and Fairview Health Services have called off their 58-hospital merger plans after multiple delays and opposition from “certain Minnesota stakeholders,” the former system announced Thursday evening. The deal was announced in November and would have...