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MSP Recovery Going Public Via SPAC With Portfolio Of $50B In Unpaid Claims: What Investors Should Know
Monday, July 12, 2021 - 10:55am | 551Read More...One of the largest SPAC deals of all time was announced Monday morning with MSP Recovery announcing a merger. The SPAC Deal: MSP Recovery announced a SPAC merger with Lionheart Acquisition Corp II (NASDAQ: LCAP) valuing the company at a pro forma enterprise value of $32.6 billion. There was not a...
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IPO Outlook: Oscar Health And InnovAge Hit Markets This Week
Sunday, February 28, 2021 - 5:38pm | 445Read More...Only two traditional IPO listings are expected to price during the week of March 1. Here is a look at what investors should expect from the IPO offerings. Oscar Health: Health insurance company Oscar Health (NYSE: OSCR) will be the biggest IPO of the week. The health insurance technology...
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Stock Wars: CVS Health Vs. Walgreens Boots Alliance
Wednesday, December 2, 2020 - 9:00am | 989Read More...The two largest pharmacy chains in the U.S. have grown through unit expansion and several major acquisitions. The companies have seen their share prices fall on concerns surrounding Amazon.com's entry into the market. Benzinga is looking at how CVS Health Corporation (NYSE: CVS)...
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CVS Is Transforming Health Care, Piper Sandler Says In Upgrade
Thursday, September 17, 2020 - 12:13pm | 393Read More...Piper Sandler analyst Sarah E. James initiates coverage on CVS Health Corp (NYSE: CVS) with an Overweight rating and a $72 price target. The CVS Takeaways: “CVS is well positioned to transform health care access,” James wrote in a note. The company’s large footprint,...
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Mizuho Starts Bullish Coverage On Health Insurance Stocks
Friday, October 18, 2019 - 11:58am | 601Read More...Mizuho recommended buying three health insurer stocks as it initiated coverage of the sector Thursday. The Analyst Mizuho's Ann Hynes initiated coverage of Humana Inc. (NYSE: HUM) with a Buy rating and $316 price target. Hynes started Cigna Corp. (NYSE: CI) with a Buy and...
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Centene Buys Health Insurer Rival WellCare In $15B Deal
Wednesday, March 27, 2019 - 8:51am | 408Read More...Health insurer Centene Corp (NYSE: CNC) said Wednesday it reached an agreement to acquire WellCare Health Plans, Inc. (NYSE: WCG), a provider of government-sponsored managed care services, for more than $15 billion. What Happened The combination of St. Louis-based Centene and Tampa-based WellCare...
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Insurance Adjustment: Molina Healthcare Downgraded By JPMorgan On Valuation
Wednesday, June 27, 2018 - 11:54am | 318Read More...Shares of Molina Healthcare, Inc. (NYSE: MOH) are now fairly valued after eclipsing the $90 level, according to JPMorgan. The Analyst JPMorgan's Gary Taylor downgraded Molina from Overweight to Neutral with a price target lifted from $91 to $106. The Thesis Molina is a "pure play...
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Eli Lilly CEO Calls For Uniform Prices, Better Use Of Technology In Health Care
Thursday, June 7, 2018 - 4:24pm | 1228Read More...The American health care system is an unsustainable, half-century-old design that engages in price discrimination and has failed to employ technology to its potential to lower costs and expand access, Eli Lilly And Co (NYSE: LLY) CEO David Ricks told the Detroit Economic Club Thursday. The pharma...
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Continued Strength In Medicaid Bodes Well For WellCare, Argus Says
Thursday, June 7, 2018 - 12:20pm | 370Read More...WellCare Health Plans, Inc. (NYSE: WCG), a managed care company, is well positioned to take advantage of favorable industry-wide conditions both domestic and international, according to Argus. The Analyst Argus Research's John Staszak initiated coverage of WellCare Health Plans with a Buy...
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Analyst: Buy CRH Medical After An 'Overdone' Selloff
Monday, July 17, 2017 - 11:40am | 361Read More...CRH Medical Corp (NYSE: CRHM)'s 27 percent plunge on Friday in reaction to rate changes by the Medicare & Medicaid Services (CMS) is overdone and investors should consider buying shares on the weakness, Cannacord Genuity's Richard Close said in a report. The proposed changes by the CMS...
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What To Know About The Revised Health Care Bill
Thursday, July 13, 2017 - 1:52pm | 402Read More...On Thursday, Senate Republicans unveiled their revised healthcare reform bill. Here’s everything you need to know. ‘Skinny’ Policies The new bill allows insurers to sell “skinny” insurance plans that don’t meet the minimum coverage requirements currently in...
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Don't Expect Failed Humana Deal To Quash Aetna's Desire For M&A
Wednesday, June 28, 2017 - 12:47pm | 345Read More...Analysts at Citi initiates coverage of Aetna Inc (NYSE: AET) with a Buy rating, $180 price target and named to the firm's "Citi Focus List." Aetna should be viewed as a "strong diversified health insurer" that is also well positioned to gain share within the government segment and has "stable...
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Senate Health Care Bill Cuts Benefits To The Poorest, Taxes On The Wealthy
Thursday, June 22, 2017 - 11:59am | 612Read More...A group of Republican senators, meeting secretly for weeks, finally unveiled on Thursday their version of a health care plan meant to replace the Affordable Care Act enacted by President Barack Obama. As expected, the 142-page bill — the American Heath Care Act — is similar to the...
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Trump Troubles Mean More Delays For GOP Agenda
Friday, June 16, 2017 - 10:59am | 849Read More...Republicans in Congress promised to repeal the Affordable Care Act on the first day of a new GOP administration. Five months later, the overhaul remains stalled, just one part of an agenda paralyzed by the probe into President Donald Trump’s dealings with Russia. The U.S. Senate is working on...
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The Latest On Drug Pricing, Healthcare Bill As Senate Takes Up Issue In Earnest
Tuesday, June 13, 2017 - 3:59pm | 407Read More...It’s going to be busy this week in the healthcare industry, with several key developments on the schedule that could have a major impact on the U.S. healthcare sector. What A Week First, on Monday, the Centers for Medicare and Medicaid Services released the latest batch of Health Insurance...















