Morning Headlines 12/7/15
Seattle-Based Group Health To Be Acquired By The Larger Kaiser Permanente
Kaiser Permanente will acquire Seattle-based insurer and provider Group Health Cooperative for $1.8 billion upfront, plus an additional $1 billion paid out over the next several years.
The Economist reports on the US health insurance industry in the post-ACA marketplace, noting that all five major insurers have seen triple-digit stock price growth since the law was passed.
California Attorney General grants conditional approval for Daughters of Charity hospital deal
BlueMountain Capital Management, a New York City-based hedge fund, gets approval to invest in nonprofit Daughters of Charity Health System.
India-based Indegene Lifesystems acquires population health analytics platform SmartCare from Vantage Point. Financial terms of the deal were not disclosed.
It’s so funny watching Lotus Health get 40 million in the same week Carbon Health declares bankruptcy. There’s a sucker…