UnitedHealth to acquire DaVita Medical Group for Optum growth
UnitedHealth Group will buy DaVita Medical Group adding nearly 300 clinics to Optum expanding the health services network across states. The deal follows CVS’s announced 69 billion dollar purchase of Aetna aiming to create a one stop shop for care and insurance.
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DaVita Medical
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UnitedHealth Group Inc
DaVita Medical Group
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American Academy of Family Physicians
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Minn
Aetna Inc
CVS to Keep Aetna Name Five Years After Merger
CVS Health will preserve Aetna’s brand for five years and maintain Aetna Foundation in a manner aligned with its mission. The $69 billion deal sets a December 3 2018 closing with possible extension to March 3 2019 and a 2.1 billion termination fee if broken. CVS seeks expanded patient care by linking Aetna’s provider network with CVS access.
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Patient Access Network Foundation
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Time Person of the Year named Silence Breakers
Time chooses The Silence Breakers as Person of the Year for those who spoke out about sexual assault and harassment. Ashley Judd Taylor Swift Susan Fowler and others are featured on the cover with MeToo origin stories and momentum sparked by Alyssa Milano and Tarana Burke.
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VW emissions scandal sentencing and Walmart name change
Oliver Schmidt, a former VW senior manager, received seven years for leading a diesel defeat device scheme involving nearly 600,000 vehicles. Separately Walmart will change its legal name to Walmart Inc effective Feb 1 to reflect its shift to online and service channels. The report also notes a fraud trial pause for Pilot Flying J executives and staff.
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