The year started with two failed major acquisitions in the insurance industry and ended with hope for a new one. Deals between Aetna and Humana and Cigna and Anthem were both vetoed by judges early in the year, but that wasn't the last we saw of any of them in the headlines.

Health care reform is definitely shaking up the way major corporations do business. With industry-wide revenue for 2016 totaling $849 billion–a 55 percent increase since 2011–the major players had plenty of capital to throw their weight around. Here's a look at some of the key moves…

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Emily Payne

Emily Payne is director, content analytics for ALM's Business & Finance Markets and former managing editor for BenefitsPRO. A Wisconsin native, she has spent the past decade writing and editing for various athletic and fitness publications. She holds an English degree and Business certificate from the University of Wisconsin.