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Managed Healthcare

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The Hartford to acquire Aetna's U.S. group life and disability business

Monday, 23 Oct 2017 06:45am EDT

Oct 23 (Reuters) - Aetna Inc :The Hartford signs agreement to acquire Aetna’S U.S. group life and disability business.Aetna Inc - deal for $1.45 billion​.Aetna - ‍projects impact of deal to 2017 earnings per share to be immaterial given timing of transaction, slightly dilutive to 2018 earnings per share.Aetna Inc - ‍acquisition will be accretive to Hartford's earnings in 2018​.Aetna Inc - ‍acquisition will be funded by Hartford by dividends from its insurance subsidiaries and holding company resources​.Aetna Inc - ‍Hartford does not intend to issue debt or equity in order to fund cash consideration for acquisition​.Aetna Inc - ‍Hartford does not currently expect to authorize an equity repurchase plan for 2018​.

CVS Health signs five-year agreement with Anthem

Wednesday, 18 Oct 2017 06:10am EDT

Oct 18 (Reuters) - CVS Health Corp ::CVS Health signs five-year agreement with anthem, inc. To provide services to support ingeniorx.CVS Health - ‍expects to incur implementation costs related to transition of members; costs expected to be immaterial to 2017 results​.CVS Health Corp -‍ CVS caremark will manage certain services for ingeniorx, including claims processing and prescription fulfillment​.CVS Health Corp - ‍new agreement, which goes into effect on January 1, 2020, runs through December 31, 2024​.

Humana expands Medicare advantage offerings in New Hampshire

Tuesday, 17 Oct 2017 01:30pm EDT

Oct 17 (Reuters) - Humana Inc ::Humana expands Medicare advantage offerings in New Hampshire.Humana - ‍Expanded health plan choices for Medicare beneficiaries in 6 new Hampshire counties.

UnitedHealth reports Q3 adjusted net earnings of $2.66 per share

Tuesday, 17 Oct 2017 05:56am EDT

Oct 17 (Reuters) - UnitedHealth Group Inc : :UnitedHealth Group Inc - Third quarter revenues grew 9% year-over-year to $50.3 billion‍​.UnitedHealth Group Inc - Qtrly net earnings of $2.51 per share grew 24% year-over-year‍​ ‍​.UnitedHealth Group Inc qtrly adjusted net earnings of $2.66 per share.Q3 earnings per share view $2.56, revenue view $50.37 billion -- Thomson Reuters I/B/E/S.UnitedHealth Group Inc - Now expects 2017 GAAP net earnings to approach $9.45 per share, 2017 adjusted net earnings to approach $10.00 per share‍​.UnitedHealth Group Inc - Third quarter 2017 consolidated medical care ratio of 81.4 percent increased 110 basis points year-over-year‍​.FY2017 earnings per share view $9.88 -- Thomson Reuters I/B/E/S.

Centene announces early termination of Hart-Scott-Rodino waiting period in connection with planned acquisition of Fidelis Care

Monday, 2 Oct 2017 08:00am EDT

Oct 2 (Reuters) - Centene Corp ::Centene announces early termination of Hart-Scott-Rodino waiting period in connection with planned acquisition of Fidelis care.Centene Corp - planned acquisition of Fidelis Care is expected to close in Q1 of 2018.

Cigna says early extinguishment of 1 bln debt to result in one-time after-tax expense

Friday, 29 Sep 2017 04:47pm EDT

Sept 29 (Reuters) - Cigna Corp :Cigna- Early extinguishment of 1 billion debt to result in one-time after-tax expense of about $210 million to be reported in fiscal quarter ending Sept 30, 2017.Cigna Corp- Charge will not impact company's projected consolidated adjusted income from operations for full year 2017 - SEC filing.

India's Cigna TTK Health Insurance says gets regulator nod for raising Cigna Corp stake in JV

Thursday, 28 Sep 2017 10:46am EDT

Sept 28 (Reuters) - * India's Cigna TTK Health Insurance Says Gets Insurance Regulator Nod For Increasing Cigna Corp's stake in JV to 49 percent from 26 percent:.

Anthem provides statement regarding individual market participation in Maine‍​

Wednesday, 27 Sep 2017 01:30pm EDT

Sept 27 (Reuters) - Anthem Inc ::Anthem Inc provides statement regarding individual market participation in Maine‍​.Says will not sell individual plans on the health insurance exchange in Maine for 2018‍​.Says will reduce current health plan offerings, offer one off-exchange gold-level plan only to be available in Aroostook, Hancock, Washington Counties‍​.

‍Humana contracts with CleanSlate centers to provide opioid addiction services​

Wednesday, 27 Sep 2017 11:00am EDT

Sept 27 (Reuters) - Humana Inc ::‍Humana contracts with CleanSlate centers to provide opioid addiction services​.‍New agreement provides humana medicare advantage, employer plan members with access to CleanSlate outpatient treatment centers in eight states​.‍Terms of agreement were not disclosed​.

Rennova Health's Labs win appeal in the Eleventh Circuit Court Of Appeals in CIGNA suit

Monday, 25 Sep 2017 09:20am EDT

Sept 25 (Reuters) - Rennova Health Inc ::Rennova Health's Labs win appeal in the Eleventh Circuit Court Of Appeals in CIGNA suit.Rennova Health Inc - ‍received a favorable decision from Eleventh Circuit Court Of Appeals reversing an earlier decision by U.S. District Court​.

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