Smaller specialty pharmacies aggressively positioning for success
Good news for Humana and possibly UHG too!
PSI acquisition helps diminish UHS’ geographic concentration in certain markets
Persistence and size are the keys to success in the retail health clinic market.
Medco Health’s loss is which company’s gain?
Will Target Clinic’s strategy be the prescription for success in the market?
Blue Cross Blue Shield of Michigan earned $222 million on revenues of $19.2 billion in 2010. The company’s 2009 was $21.6 billion and had a $257 million net underwriting loss. BCBSM said that its 2010 bottom line was helped by good returns on investments and efforts to control administrative costs. Blue Cross lost $168 million overall in its insurance business, with heavy losses coming in its policies to supplement Medicare. BCBSM…
Group Purchasing Organizations threatened
Health Care REIT Inc. signed a definitive agreement to acquire substantially all of the real-estate assets of Genesis HealthCare for $2.4 billion. With 147 facilities in 11 states, Genesis is a provider of short-term post-acute care, rehabilitation, assisted living and long-term-care services. Genesis intends to continue to operate the business and will sign a long-term lease at a cost of $198 million for the first year. Health Care REIT also has the…
Ventas Inc. and Nationwide Health Properties approved a definitive agreement under which Ventas will acquire all of the outstanding shares of NHP. The stock-for-stock, tax free transaction is valued at $7.4 billion and will create one of the largest publicly traded REITs and the leading healthcare REIT by equity value. Upon closing of the transaction, Ventas shareholders will own approximately 65 percent and NHP shareholders are expected to own approximately 35 percent of…
