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Managed Healthcare

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Antonio Neri Joins Anthem’s Board As New Director

Thursday, 7 Dec 2017

Dec 7 (Reuters) - Anthem Inc ::ANTHEM’S BOARD WELCOMES ANTONIO NERI AS NEW DIRECTOR.ANTHEM INC - ANTONIO NERI HAS BEEN NAMED TO ITS BOARD OF DIRECTORS EFFECTIVE DECEMBER 6, 2017.

UnitedHealth's Optum To Buy Davita Medical Group For About $4.9 Bln In Cash

Wednesday, 6 Dec 2017

Dec 6 (Reuters) - UnitedHealth Group Inc ::DAVITA MEDICAL GROUP TO JOIN OPTUM.OPTUM - ‍AGREEMENT, ENTERED INTO ON DECEMBER 5, 2017, CALLS FOR OPTUM TO ACQUIRE DAVITA MEDICAL GROUP FOR APPROXIMATELY $4.9 BILLION IN CASH​.OPTUM - FOLLOWING TRANSACTION, DAVITA MEDICAL GROUP WILL BECOME PART OF OPTUM'S OPTUMCARE DIVISION.OPTUM - ‍DAVITA PLANS TO USE PROCEEDS FROM DEAL FOR SIGNIFICANT STOCK REPURCHASES OVER 1 TO 2 YRS AFTER CLOSE OF DEAL, AS WELL AS TO REPAY DEBT​, OTHERS.OPTUM - ‍JOE MELLO, COO OF DAVITA MEDICAL GROUP, WILL CONTINUE IN LEADERSHIP ROLE IN COMBINED ENTITY, AS WILL DAVITA MEDICAL GROUP LEADERSHIP TEAM​.

Humana-Expects Net Membership Gains For Individual Medicare Advantage Membership For Year Ended Dec 31,2018 To Reach Higher End Of Projected Growth Range

Tuesday, 5 Dec 2017

Dec 5 (Reuters) - Humana Inc ::HUMANA-EXPECTS NET MEMBERSHIP GAINS FOR INDIVIDUAL MEDICARE ADVANTAGE MEMBERSHIP FOR YEAR ENDED DEC 31,2018 TO REACH HIGHER END OF PROJECTED GROWTH RANGE.HUMANA SAYS NOW EXPECTS FOR GROUP MEDICARE ADVANTAGE GAINS FOR YEAR ENDING DEC 31, 2018 TO INCREASE OF 65,000 TO 70,000 MEMBERS - SEC FILING.

Moody's says CVS-Aetna merger would have negative implications for other health care companies‍​

Tuesday, 5 Dec 2017

Dec 4 (Reuters) - :Moody's: CVS-Aetna merger would have negative implications for other health care companies‍​.

CVS Health to acquire Aetna in $69 bln deal

Sunday, 3 Dec 2017

Dec 3 (Reuters) - Cvs Health Corp ::CVS HEALTH TO ACQUIRE AETNA; COMBINATION TO PROVIDE CONSUMERS WITH A BETTER EXPERIENCE, REDUCED COSTS AND IMPROVED ACCESS TO HEALTH CARE EXPERTS IN HOMES AND COMMUNITIES ACROSS THE COUNTRY.‍AETNA SHAREHOLDERS WILL RECEIVE $145.00 PER SHARE IN CASH AND 0.8378 CVS HEALTH SHARES FOR EACH AETNA SHARE​.‍TRANSACTION VALUES AETNA AT APPROXIMATELY $207 PER SHARE OR APPROXIMATELY $69 BILLION​.‍INCLUDING ASSUMPTION OF AETNA'S DEBT, TOTAL VALUE OF TRANSACTION IS $77 BILLION​.‍DEAL UNANIMOUSLY APPROVED TODAY BY BOARDS OF DIRECTORS OF EACH COMPANY​.‍DEAL EXPECTED TO GENERATE LOW- TO MID-SINGLE DIGIT ACCRETION IN SECOND FULL YEAR AFTER CLOSE OF TRANSACTION​.‍DEAL TO DELIVER $750 MILLION IN NEAR-TERM SYNERGIES​.‍UPON CLOSING OF TRANSACTION, AETNA SHAREHOLDERS WILL OWN ABOUT 22% OF COMBINED CO; CVS HEALTH SHAREHOLDERS WILL OWN ABOUT 78%​.‍EACH OUTSTANDING SHARE OF AETNA COMMON STOCK WILL BE EXCHANGED FOR $145.00 IN CASH AND 0.8378 SHARES OF CVS HEALTH COMMON STOCK​.‍INTENDS TO FUND CASH PORTION OF TRANSACTION THROUGH A COMBINATION OF EXISTING CASH ON HAND AND DEBT FINANCING​.‍BARCLAYS, GOLDMAN SACHS AND BANK OF AMERICA MERRILL LYNCH ARE PROVIDING $49 BILLION OF FINANCING COMMITMENTS​.‍TRANSACTION IS NOT CONTINGENT UPON RECEIPT OF FINANCING​.‍UPON DEAL CLOSING , 3 OF AETNA'S DIRECTORS, INCLUDING AETNA'S CHAIRMAN AND CEO MARK T. BERTOLINI, WILL BE ADDED TO CVS HEALTH BOARD OF DIRECTORS​.

Magellan Health Sees FY18 Adj Earnings Per Share Between $5.68 - $6.47

Friday, 1 Dec 2017

Dec 1 (Reuters) - Magellan Health Inc ::MAGELLAN HEALTH ANNOUNCES FULL YEAR 2018 GUIDANCE.MAGELLAN HEALTH INC - SEES FY 2018 NET REVENUE $7,500.0 MILLION - $7,800.0 MILLION.MAGELLAN HEALTH INC SEES FULL YEAR 2018 ADJUSTED EARNINGS PER SHARE IN RANGE $5.68 - $6.47.MAGELLAN HEALTH INC - AFFIRMING ITS 2017 FULL YEAR GUIDANCE.MAGELLAN HEALTH INC SEES SEGMENT PROFIT FOR FULL YEAR 2018 IS EXPECTED TO BE IN RANGE OF $414 TO $436 MILLION.MAGELLAN HEALTH INC - SEES FULL YEAR 2018 EARNINGS PER SHARE IN RANGE OF $4.52 TO $5.48.

Anthem Files For Potential Mixed Shelf Offering; Size Not Disclosed

Thursday, 30 Nov 2017

Nov 30 (Reuters) - Anthem Inc ::ANTHEM INC FILES FOR POTENTIAL MIXED SHELF OFFERING; SIZE NOT DISCLOSED - SEC FILING‍​.

CVS nears majority cash deal for Aetna - CNBC

Thursday, 30 Nov 2017

Nov 30 (Reuters) - :CVS NEARS MAJORITY CASH DEAL FOR AETNA THAT COULD VALUE INSURER AT BETWEEN $200 AND $205 PER SHARE; DEAL COULD BE ANNOUNCED BY MONDAY- CNBC, CITING DJ.

Humana Issued Redemption Notices To Redeem Its $300 Mln Aggregate Principal Amount Of 6.30 Pct Senior Notes Due Aug 1, 2018

Wednesday, 29 Nov 2017

Nov 29 (Reuters) - Humana Inc ::HUMANA INC - ‍ ISSUED REDEMPTION NOTICES TO REDEEM ITS $300 MILLION AGGREGATE PRINCIPAL AMOUNT OF 6.30% SENIOR NOTES DUE AUGUST 1, 2018 - SEC FILING.HUMANA INC - ALSO‍ ISSUED REDEMPTION NOTICES TO REDEEM ITS $500 MILLION AGGREGATE PRINCIPAL AMOUNT OF 7.20% SENIOR NOTES DUE JUNE 15, 2018​.HUMANA INC - ‍ 6.30% NOTES AND 7.20% NOTES TO BE REDEEMED ON DECEMBER 29, 2017​.HUMANA INC - ‍ EXPECTS APPROXIMATELY $17.53 IN DILUTED EARNINGS PER COMMON SHARE OR ABOUT $11.60 IN ADJUSTED EPS FOR YEAR ENDING DECEMBER 31, 2017​.

Cigna Says Co Officials Expect To Reaffirm Projected FY 2017 Consolidated Adjusted Income From Operations

Wednesday, 29 Nov 2017

Nov 29 (Reuters) - Cigna Corp ::CIGNA - DURING INVESTORS MEETINGS, CO OFFICIALS EXPECT TO REAFFIRM PROJECTED FY 2017 CONSOLIDATED ADJUSTED INCOME FROM OPERATIONS - SEC FILING.

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