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Centene accused of hiding Health Net problems in investor lawsuit

Centene accused of hiding Health Net problems in investor lawsuit

By Shelby Livingston  |  December 18, 2018

Two pension funds that own stock in Centene Corp. are suing the health insurer and certain directors and officers, claiming Centene acquired Health Net in 2016 for $6 billion without fully disclosing the company's significant financial problems.

DaVita lowers price on medical group by $560 million

DaVita lowers price on medical group by $560 million

By Tara Bannow  |  December 17, 2018

DaVita has knocked $560 million off the purchase price of its medical group, DaVita Medical Holdings, which it's in the process of selling to UnitedHealth Group's Optum.

Week Ahead: CHI-Dignity set to become one

Week Ahead: CHI-Dignity set to become one

By Matthew Weinstock  |  December 15, 2018

As the year comes to a close, CHI-Dignity are poised to create a mega health system. Meanwhile, in D.C., budget drama unfolds like a reality T.V. show.

Allscripts selling its stake in Netsmart

Allscripts selling its stake in Netsmart

By Rachel Z. Arndt  |  December 10, 2018

The electronic health record vendor first acquired a stake in behavioral health technology vendor Netsmart in 2016. Allscripts is now selling its portion to GI Partners, which also acquired a stake at the same time in 2016.

CHI and Dignity name executive team for CommonSpirit Health

CHI and Dignity name executive team for CommonSpirit Health

By Alex Kacik  |  December 04, 2018

The California Justice Department conditionally approved the merger Nov. 21, which means the deal has met all necessary state, federal and Catholic regulatory approvals and is on track to close by Dec. 31.

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