Health Plans & ACO Law Practice | McDermott Lawyers

Health Plans & Accountable Care

Overview


The Legal 500 US, Healthcare: Health Insurers

Healthcare delivery and reimbursement is shifting toward value-based care and vertical consolidation at a rapid pace, while the boom of health plan mega-mergers shows no signs of stopping. Those who want to grow and innovate within this disrupted healthcare environment face difficult regulatory and transactional legal obstacles. In order to thrive despite these challenges, you must be willing to take calculated business risks and adapt to a shifting landscape.

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Results


  • CVS Health as health regulatory counsel in two strategic acquisitions of leading companies in the healthcare sector: (a) the closing of its $10.6 billion acquisition of Oak Street Health, a leading multi-payor, value-based primary care company, and (b) its $8 billion definitive agreement to acquire Signify Health, Inc., a leader in health risk assessments, value-based care and provider enablement
  • Prime Therapeutics, a pharmacy benefits manager, in its strategic expansion and first ever M&A deal through a $1.35 billion carve-out acquisition of Magellan RX Management, a leading pharmacy benefit management company, from Centene Corp., a diversified healthcare enterprise. We also represented Prime Therapeutics in its software licensing and equity investment in Capital Rx, a pharmacy benefits administration platform that provides innovative solutions for drug pricing and benefits design.
  • Premera Blue Cross, and Providence Health Plan and Providence Health & Services–Washington, with the creation of an alliance to provide a Medicare Advantage Plan for certain counties in the state of Washington

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People


We anticipate change and craft creative, strategic solutions in even the most complex markets.