Bass, Berry & Sims attorney Angela Humphreys was quoted in an article that outlined the details of the Cigna acquisition by Anthem. This deal, valued at $54.2 billion, is the largest health insurance transaction to date. Many in the healthcare industry worry the rise in mergers and acquisitions among providers will weaken the competition in the marketplace. As Angela states in the article "[t]he insurance deals are viewed as a way for payers to regain negotiating leverage over providers, who don't want to be left out of insurance networks."
The full article, "Anthem Acquiring Cigna in Largest-ever Health Insurance Deal: $54.2B," was published by Modern Healthcare on July 24, 2015 and is available online.