Tea Leaves: January 5, 2024: M&A

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: Providers

A recent survey found that nearly half of patients have missed or forgotten to pay a bill because of difficulties communicating with their providers’ offices. The survey was conducted in December by Artera, which makes and sells software for patient communications,...

Tea Leaves: January 4, 2024: Payers

Health insurance companies are expanding their coverage of bariatric surgery amid rising demand for pricey new weight loss drugs. Geisinger Health Plan and Blue Cross and Blue Shield carriers in Massachusetts, Michigan, and Vermont are among those easing access to...

Tea Leaves: January 4, 2024: M&A

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...