Fierce Healthcare April 17, 2024
Below is a roundup of payer-centric news for the week of April 15, 2024.
Elevance Health quietly acquires New York competitor
Elevance Health announced it would buy Centers Plan for Health Living, a managed care organization in New York, in its annual report released in February. The deal is expected to close in the third quarter.
Empire Center, a New York-based independent think tank, said the deal represents Elevance acquiring the state’s biggest Medicaid contractor. No purchase price was stated in the filing.
The merger means Elevance is responsible for giving care to 38%, or 110,000, Medicaid recipients in the state.
Feds investigate Virginia insurance plan over premiums
Sentara Health Plans, the insurance subsidy of Sentara Health, is being investigated...
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