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December 15, 2023

Humana Is No Longer a Target for Cigna, Who Has Abandoned its Merger Plans

According to a Wall Street Journal report, Cigna has abandoned its pursuit of a merger with Humana due to disagreements over price and other financial terms. Cigna has announced that it will focus on “bolt-on acquisitions” which involve acquiring smaller companies that complement Cigna's existing business operations and that can be integrated quickly and easily. It will be interesting to see which companies Cigna acquires in the future and how these acquisitions will impact the healthcare industry. 

Cigna continues to explore the sale of its Medicare Advantage business.

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