Health Insurer Cigna to Acquire Express Scripts for $67 BillionCigna Corporation has acquired Express Scripts Holding Company in a cash and stock transaction valued at approximately $67 billion, including Cigna’s assumption of approximately $15 billion in Express Scripts debt. The acquisition is expected to be completed by December 31, 2018.The combined company will be named Cigna. Cigna’s headquarters in Bloomfield, Connecticut, will become the headquarters for the combined company, and
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Health IT | News, Analysis, Insights - HIT Consultant
Health Insurer Cigna to Acquire Express Scripts for $67 Billion: 5 Things to Know
Cigna Corporation has acquired Express Scripts Holding Company in a cash and stock transaction valued at approximately $67 billion, including Cigna's assumption of approximately $15 billion in Express Scripts debt. The acquisition is expected to be completed by December 31, 2018.“Cigna’s acquisition of Express Scripts brings together two complementary customer-centric services companies, well-positioned to drive greater quality and affordability for customers,” said David M. Cordani, President
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HIMSS18 Day 3 Coverage Highlights & Summary
Inovalon to Acquire ABILITY Network for $1.2BInovalon, a technology company providing advanced, cloud-based platforms empowering a data-driven transformation from volume-based to value-based models has acquired ABILITY Network (“ABILITY”) for $1.2 billion. The combination of Inovalon and ABILITY creates a vertically integrated cloud-based platform empowering the achievement of real-time, value-based care from payers, manufacturers, and diagnostics all the way to the patient’s point of
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JPMorgan Chase, VisitPay Partner to Offer Healthcare Receivables Financing
VisitPay, a provider of patient financial engagement, has entered into an exclusive agreement with JPMorgan Chase Bank, N.A. in connection with the bank’s plan to extend recourse financing to VisitPay’s new Balance Transfer program, which will provide wholesale funding to healthcare providers. St Luke’s Health System in Boise, a long standing VisitPay client, is among the innovation partners shaping the program.With the launch of the Balance Transfer program, VisitPay now offers providers a
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Medsphere Moves CareVue EHR to Amazon Cloud to Enhance EHR Adoption
Medsphere Systems Corporation, a provider of affordable and interoperable healthcare information technology (IT) solutions and services, has migrated the company’s CareVue electronic health record (EHR) solution to Amazon Web Services (AWS).CareVue Cloud is accessible from all the most commonly used platforms, including Windows, Linux and MacOS. Deploying CareVue as a service via AWS, Medsphere can implement the solution more rapidly than with onsite deployments.The expanded availability gives
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Inovalon to Acquire ABILITY Network for $1.2B to Create Vertically Integrated Cloud-Based Platform
Inovalon, a technology company providing advanced, cloud-based platforms empowering a data-driven transformation from volume-based to value-based models has acquired ABILITY Network (“ABILITY”) for $1.2 billion. The combination of Inovalon and ABILITY creates a vertically integrated cloud-based platform empowering the achievement of real-time, value-based care from payers, manufacturers, and diagnostics all the way to the patient’s point of care.ABILITY is a leading cloud-based
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Nuance Integrates AI-Powered Virtual Assistant Platform with Epic EHR
Nuance and Epic have teamed up to integrate Nuance’s new artificial intelligence (AI)-powered virtual assistant platform with Epic’s EHR. With Nuance’s new virtual assistant technology, Epic’s EHR further improves caregiver productivity and efficiency across the continuum of care. Today’s announcement comes as new CHIME survey data1 reveals that 70 percent of hospital CIO’s surveyed would consider adopting virtual assistants with AI capabilities in the coming year.Nuance and Epic have worked
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Amref Health Africa & GE Healthcare Partner to Strengthen Healthcare Systems in Africa
GE Healthcare) and Amref Health Africa, today announced a framework agreement that aims to develop a range of in-country health care service collaborations across reproductive, maternal, newborn and child health, non-communicable diseases, water, sanitation and hygiene and safe surgery. Initially, Amref Health Africa and GE will work together with Intrahealth and Project HOPE on a new program in Ethiopia, where GE will provide medical equipment at 20 health centers and 4 primary hospitals to
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HIMSS18 Day 2 Coverage Highlights & Summary
Google Unveils New Cloud Healthcare API to Address Healthcare Data Interoperability Google unveils their new Cloud Healthcare API, which addresses the significant interoperability challenges in healthcare data. The new API will provide a robust, scalable infrastructure solution to ingest and manage key healthcare data types—including HL7, FHIR and DICOM.The goal of the Cloud Healthcare API is to give healthcare customers the tools they need to accelerate projects in areas like population
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HIMSS18: Google Unveils New Cloud Healthcare API to Address Healthcare Data Interoperability
This week at HIMSS18, Google unveiled their new Cloud Healthcare API, which addresses the significant interoperability challenges in healthcare data. The new API will provide a robust, scalable infrastructure solution to ingest and manage key healthcare data types—including HL7, FHIR and DICOM.Google is already working with a select group of partners including Stanford School of Medicine. "Open standards are critical to healthcare interoperability as well as for enabling biomedical research. We
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