The infographic below (created and distributed by MCOL) depicts the unprecedented recent mega Mergers and Acquisitions (M&A) activity of some of the nation’s largest health plans. The projected estimate for the three largest recent mergers and acquisitions of health plans includes $245.9 billion in combined revenues and a total coverage of nearly 100 million lives.
Mergers and Acquisitions of Health Plans Infographic
“Insurers that have upgraded or replaced their core systems are increasingly becoming the target of potential acquirers. Improved technology usually makes carriers more operationally efficient, and potential acquirers often use strategic acquisitions as a way to upgrade their systems.” –PwC (PricewaterhouseCoopers) “Top Issues: The Insurance Industry in 2015.”
As 2015 sees exponentially greater activity in enormous M&A consolidation, more health plans are considering the strategic value of Mergers and Acquisitions. PLEXIS has over 19 years of experience serving all major healthcare payers including medical, dental, and vision health plans. When health plans express interest in strategic M&A movement, PLEXIS’ consultants agree with PwC that leveraging the operational efficiency of a technology transformation is the single, most effective step they can take.
With our integrated clinical, financial, and administrative payer platform, PLEXIS has a proven record of greatly enhancing operational efficiency and cost savings for healthcare payers. Learn more about our rules-based core administration + claims management solution, our suite of readily-configured business apps, and the cutting-edge services we offer as part of our full-service solution.