www.fiercehealthcare.com Open in urlscan Pro
104.16.239.114  Public Scan

Form analysis
2 forms found in the DOM

GET /search-results

<form action="/search-results" method="get">
  <fieldset class="d-flex align-items-center position-relative input-search"><input type="text" placeholder="Search" name="fulltext_search" class="search-text w-100"><button class="search-submit d-flex align-items-center" id="header-search-submit"
      type="submit" aria-label="search"><svg aria-hidden="true" focusable="false" data-prefix="far" data-icon="search" class="svg-inline--fa fa-search fa-w-16" role="img" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 512 512">
        <path fill="currentColor"
          d="M508.5 468.9L387.1 347.5c-2.3-2.3-5.3-3.5-8.5-3.5h-13.2c31.5-36.5 50.6-84 50.6-136C416 93.1 322.9 0 208 0S0 93.1 0 208s93.1 208 208 208c52 0 99.5-19.1 136-50.6v13.2c0 3.2 1.3 6.2 3.5 8.5l121.4 121.4c4.7 4.7 12.3 4.7 17 0l22.6-22.6c4.7-4.7 4.7-12.3 0-17zM208 368c-88.4 0-160-71.6-160-160S119.6 48 208 48s160 71.6 160 160-71.6 160-160 160z">
        </path>
      </svg></button><input type="hidden" placeholder="Search" name="dns" value="fiercehealthcare_com,fiercebiotech_com,fiercepharma_com"></fieldset>
</form>

GET /search-results

<form class="w-100" action="/search-results" method="get">
  <fieldset class="d-flex justify-content-between position-relative input-search"><input type="text" placeholder="Search" name="fulltext_search" class="search-text w-100"><button class="search-submit d-flex align-items-center" id="search-submit"
      type="submit" aria-label="search"><svg aria-hidden="true" focusable="false" data-prefix="far" data-icon="search" class="svg-inline--fa fa-search fa-w-16" role="img" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 512 512">
        <path fill="currentColor"
          d="M508.5 468.9L387.1 347.5c-2.3-2.3-5.3-3.5-8.5-3.5h-13.2c31.5-36.5 50.6-84 50.6-136C416 93.1 322.9 0 208 0S0 93.1 0 208s93.1 208 208 208c52 0 99.5-19.1 136-50.6v13.2c0 3.2 1.3 6.2 3.5 8.5l121.4 121.4c4.7 4.7 12.3 4.7 17 0l22.6-22.6c4.7-4.7 4.7-12.3 0-17zM208 368c-88.4 0-160-71.6-160-160S119.6 48 208 48s160 71.6 160 160-71.6 160-160 160z">
        </path>
      </svg></button></fieldset>
</form>

Text Content

Fierce Healthcare Continues Here ▼



Advertisement








 * Fierce Pharma
 * Fierce Biotech
 * Fierce Healthcare
 * Fierce Life Sciences Events

 * Advertise
 * About Us



 * Providers
   
   * Hospitals
   * Practices
   * Retail
 * Health Tech
   
   * AI and Machine Learning
   * Digital Health
   * Telehealth
 * Payers
 * Regulatory
 * Finance
 * Special Reports
 * Fierce 50
   
   * Special Report
   * Awards Gala

 * Resources
   
   * Webinars
   * Fierce Events
   * Industry Events
   * Podcasts
   * Survey
   * Whitepapers
 * Events
   
   
 * Subscribe

Subscribe

 * Providers
   
   * Hospitals
   * Practices
   * Retail
 * Health Tech
   
   * AI and Machine Learning
   * Digital Health
   * Telehealth
 * Payers
 * Regulatory
 * Finance
 * Special Reports
 * Fierce 50
   
   * Special Report
   * Awards Gala

 * Resources
   
   * Webinars
   * Fierce Events
   * Industry Events
   * Podcasts
   * Survey
   * Whitepapers
 * Events
   
   
 * Subscribe

 * Fierce Pharma
 * Fierce Biotech
 * Fierce Healthcare
 * Fierce Life Sciences Events

 * Advertise
 * About Us




Payers


CIGNA IN 'EXCLUSIVE' TALKS WITH HCSC TO SELL MA BUSINESS: REPORT

By Paige MinemyerJan 3, 2024 2:00pm
CignaHealth Care Service CorpElevance Health (Anthem)mergers and acquisitions

The news comes on the heels of reports that a potential merger with Humana was
iced amid concern from investors. (Cigna)

Updated at 1:52 p.m. on Jan. 3

Cigna is closing in on a deal to sell its Medicare Advantage business to Health
Care Service Corp., according to a new report in the Wall Street Journal.







The insurers are in "exclusive talks" for the sale, which is expected to be
between $3 billion and $4 billion, the outlet reported.





Cigna's MA arm included about 599,000 members and accounted for about $7.9
billion in revenue, the WSJ reported. And while these certainly aren't small
numbers, they lag far behind industry leaders like UnitedHealthcare and Humana.

The insurer is also pressing on with its MA sale despite a rumored acquisition
of Humana falling through last month. The two were reportedly in talks, but a
mixed investor reaction soon soured the deal.

Scooping up Cigna's MA business would also mark a notable expansion for HCSC,
which operates Blues plans in several states.







--------------------------------------------------------------------------------

While its merger with Humana may have fallen through for now, Cigna is
attracting plenty of interest for the rumored sale of its Medicare Advantage
business, Bloomberg reported.

Sources close to the matter told the outlet that Health Care Service Corp. and
Elevance Health are "competing" to scoop up the MA segment. Cigna is expecting
that the final bids will be submitted next week, according to the report.

Cigna's Medicare Advantage unit could sell for more than $3 billion, according
to Bloomberg. The article noted that talks with HCSC and Elevance Health may not
ultimately lead to a sale.

That Cigna was shopping for a potential buyer for its MA business was first
reported in early November by Reuters. That reported mentioned that Cigna could
ultimately elect to hang on to the MA unit if it didn't find an appealing deal.

Fierce JPM Week

LAST CHANCE TO REGISTER FOR FIERCE JPM WEEK 2024!

January 9-10, 2024

San Francisco, CA

Register


RELATED

Analysts say a Cigna-Humana merger is likely to face major antitrust opposition.
But here's how the payers could eke out a win

Cigna's stock was trading down by 2.84% at about 3:20 p.m. ET on Friday, and
Elevance Health's stock was down by 2.64%.

The news comes on the heels of reports that a potential merger with Humana was
iced amid concern from investors. The Wall Street Journal first reported on the
potential merger at the end of November, and talks fell through by the beginning
of this week.

Wall Street and industry analysts said that the deal could have made it through
after a lengthy legal fight because it was more vertical than horizontal, given
Humana's focus in Medicare Advantage. Cigna selling off its MA arm would have
strengthened that case, according to experts.

CignaHealth Care Service CorpElevance Health (Anthem)mergers and
acquisitionsMedicare AdvantageFinance
Our Newsletter






RELATED ARTICLES

Hospital, payer price transparency compliance improves, but new requirements are
kicking in this year
Jan 4, 2024 09:00am
Hospitals, medical groups push back on ONC's 'excessive' and 'overly punitive'
data blocking penalties
Jan 3, 2024 05:30pm
Solera Health adds virtual specialty care offerings with existing, new clinical
partners
Jan 3, 2024 05:05pm
Many patients want more streamlined texting experience with their providers,
survey finds
Jan 3, 2024 03:28pm
See more articles
 * Connect
   
   * The Team
   * Advertise
 * Join Us
   
   * Newsletters
   * Resources
   * RSS Feeds
   * Editorial Advisory Council
 * Our Brands
   
   * Fierce Pharma
   * Fierce Biotech
   * Fierce Healthcare
 * Our Events
   
   * Life Sciences Events

©2024 Questex LLC All rights reserved.
Terms of use
Privacy Policy



Close

In order to deliver a personalized and enhanced site navigation, we store
information on how you use the site. By continuing to use this site and access
its features, you are consenting to our use of cookies. For more information,
please see the Questex Privacy Policy.