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.
Re: Dr Z. Great story, but whatever happened to professional courtesy???