… its reliance on MA membership to generate revenues and EBITDA. Absent a transformational transaction with another health insurer, Fitch believes that such growth would require several years to emerge; –A reduction in targeted and run-rate reported …
Category: Humana
Cigna Sues Anthem After Ending Deal; Anthem Says It Has No Right
Simmering tensions between Anthem Inc. and Cigna Corp. exploded Tuesday as Cigna sued to end their $48 billion deal, and Anthem moments later said the smaller health insurer had no right to do so and that it would fight to keep the merger alive. As part of its lawsuit, Cigna is seeking a $1.85 billion breakup fee, plus $13 billion in additional damages it says are owed after “the path for regulatory approval of the transaction was fatally compromised” by Anthem.
Health Insurers Weigh Next Moves After Striking Out on Mergers
After 18 months of courtship and court cases, two massive deals that would have reshaped the U.S. health insurance industry have both been declared dead, blocked by judges who said they’d do unacceptable harm to competition in the industry. Now, the companies are right back where they started.
After Two Megadeals Blocked, Health Insurers Plot Next Move
After 18 months of courtship and court cases, two massive deals that would have reshaped the U.S. health insurance industry have both been declared dead, blocked by judges who said they’d do unacceptable harm to competition in the industry. Now, the companies are right back where they started.
Virtus Investment Advisers Inc. Acquires New Position in Humana Inc.
… company’s stock. The company has a consensus rating of “Buy” and an average price target of $213.00. Humana Inc is a health and well-being company. The Company’s segments include Retail, Group, Healthcare Services and Other Businesses. The Retail …
Judge blocks Aetna’s $37 billion deal for Humana
A federal judge Tuesday blocked the merger of two health insurance giants, Aetna and Humana, upholding the Justice Department’s verdict that the proposed $37 billion deal would hurt competition. U.S. District Court Judge John Bates wrote in his opinion that the proposed merger would have decreased competition substantially in the Medicare Advantage market in 364 counties.
Federal judge swats Aetna-Humana insurer combo
… renewal payment, enter a vacation stop, report a missed delivery, or submit a complaint. A federal judge has rejected health insurer Aetna’s plan to buy rival Humana Inc. for about $34 billion and become a major player in the market for Medicare …
Federal judge swats Aetna-Humana insurer combo
A federal judge has rejected health insurer Aetna’s plan to buy rival Humana Inc. for about $34 billion and become a major player in the market for Medicare Advantage coverage. U.S. District Judge John Bates says in an opinion filed Monday that he largely agrees with federal regulators who contended that such a combination would hurt competition.
D.C. Judge, Citing ‘Serious Concerns,’ Blocks Aetna’s $37B Merger With Humana
Aetna Inc.’s proposed $37 billion acquisition of Humana Inc., punctuating an era of antitrust enforcement under the Obama administration that broke up merger deals in a host of industries. Aetna’s deal and also moved to block Anthem Inc.’s proposed $54 billion acquisition of Cigna Corp. Antitrust enforcers alleged the two mergers would amount to an “unprecedented consolidation in the health insurance industry.”
Judge Nixes Aetna’s $37 Billion Purchase of Humana; Aetna Considers Appeal
Aetna Inc.’s $37 billion deal to buy rival insurer Humana Inc. was blocked by a federal judge, thwarting one of two large mergers that would reshape the U.S. health-care landscape. Aetna said it was considering an appeal.
Aetna Fight for Humana Awaits Judge’s Ruling in U.S. Case
Aetna Inc.’s fight to complete its purchase of Humana Inc. is now with a federal judge who must decide whether the combination of the two health insurers should be blocked because it risks raising consumers’ costs. U.S. District Judge John D. Bates in Washington heard final arguments Friday from the companies and the Justice Department about the $37 billion deal, which the government says should be stopped.
Aetna Fight for Humana Awaits Court Ruling in U.S. Merger Case
Aetna Inc.’s fight to complete it purchase of Humana Inc. is now with a federal judge who must decide whether the combination of the two health insurers should be blocked because it risks raising costs for consumers. U.S. District Judge John D. Bates in Washington heard final arguments Friday from the companies and the Justice Department about the $37 billion deal, which the government says should be stopped.