Thursday, July 19, 2012
More Health Care Deals Expected
Unless you've been under a rock, you know that the Supreme Court upheld the Affordable Care Act in late June. Analysts expect the ruling to spur consolidation of health care companies looking to cash in on an increase in Medicaid enrollment. Wellpoint led the way with its $4.9B acquisition of Amerigroup. Antoine Gara's article (Health Care: Obamacare M&A Trumps Weak Earnings Outlook) suggests Humana, Cigna, Aetna and UnitedHealth could follow suit. Recent comments regarding Centene may have elevated it to the takeover target frontrunner.