An industry shake-up is apparently in the works as insurance giant Aetna is targeting a major health insurer as an acquisition prospect. Wall Street sources say the most likely candidate is Humana, which dominates the Medicare field — an area where Aetna isn't strong.
Humana shares soared Wednesday, but so were Cigna's, suggesting Aetna has its eye on that provider, as well.
The tipoff something major was in the works came Monday at a meeting at Aetna's headquarters, reported Healthcare Dive.
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Dan Cook
Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.
