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CVS Health to Acquire Signify Health in $8 billion Deal

Hospice News

CVS Health (NYSE: CVS) has agreed to purchase Signify Health (NYSE: SGFY) for a total transaction value of $8 billion. CVS indicated that the transaction will lay the foundation for further expansion in home-based health care. The post CVS Health to Acquire Signify Health in $8 billion Deal appeared first on Hospice News.

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Publicly Traded Hospice Execs See Signs of Improvement in Labor Market

Hospice News

Signify Health (NASDAQ: SGNY), soon to be acquired by CVS Health (NASDAQ: CVS), was among the companies affected by vacations. This led to reduced volume in early in Q3, which is now starting to recover. When physicians in particular return from vacations they tend to ramp up their caseloads, pushing volume upwards.

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Aetna’s President of Medicare: MA Plans Go All-In on Aging in Place with New 2024 Benefits, Palliative Care, Hospice VBID

Hospice News

Aetna, a subsidiary of CVS Health (NYSE: CVS), is leveraging a series of new benefits that, coupled with existing palliative care programs and ongoing hospice payment demonstrations, promise to keep patients in their homes and out of facilities. Patients can access palliative care through a number of inroads.

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Amazon Reportedly Bids to Acquire Signify Health

Hospice News

Previous reports indicated that CVS Health (NYSE: CVS) and insurance giant UnitedHealth Group (NYSE: UNH) were also bidding on Signify, with bids rising as high as $8 billion, according to the Journal. Signify’s stock prices rose more than 36% today in response to the Amazon news.

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Payer Partnerships ‘Critical’ in VBID: Ohio’s Hospice, Pure Healthcare Contract with Aetna

Hospice News

CVS Health Corporation (NYSE: CVS) subsidiary Aetna has selected Ohio’s Hospice and Pure Healthcare as part of the insurance company’s hospice and palliative care preferred provider network for Value-Based Insurance Design (VBID) in the Buckeye State.

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Palliative Provider Thyme Care Secures $95M in Funding Round

Hospice News

” Investors participating in the round include Concord Health Partners, CVS Health® Ventures, Town Hall Ventures, a16z Bio + Health, AlleyCorp, Echo Health Ventures, Frist Cressey Ventures, and Foresite Capital. Together, we are reshaping the landscape of oncology, ensuring better care and affordability for all.”

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Walgreens Boots Alliance Full Speed Ahead to Acquire 100% Stake in CareCentrix

Hospice News

Like its rival CVS Health (NYSE: CVS), the company has been building up its health care delivery services with an emphasis on primary care and services in the home. Walgreens Boots Alliance (NASDAQ: WBA) is putting the pedal to the metal in its $392 million deal to secure full ownership of home-based care company CareCentrix.

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