CIGNA completes purchase of Denver insurer

RSS

Philadelphia Inquirer, April 3, 2008

Philadelphi-based CIGNA has completed its purchase of Great-West Healthcare Holdings Inc. in Denver for $1.5 billion. The deal is part of a push by CIGNA to sell health insurance to small companies. Great-West specializes in insuring companies that have fewer than 200 employees.

Full Story

Hospital network withdraws proposal to take over St. Vincent's Hospital Manhattan

A large hospital network that had offered to take over the nearly bankrupt St. Vincent's Hospital Manhattan has formally withdrawn its offer, the New York Times reports. Stan Brezenoff, president of Continuum...

PBM Sale Highlights Dilemma for Health Plans

In a move that will rocket Express Scripts to the upper reaches of the pharmacy benefit management stratosphere, the company announced it will buy WellPoint's PBM for $4.68 billion.

Magazine: Armchair Finance

What’s a Monopoly?

go to complete list