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Signify Health
Signify Health is a healthcare services company. It provides technology to assist health plans and providers with in-home care. It was founded in 2017 from the merger of Advance Health and CenseoHealth by private equity firm New Mountain Capital. In July 2022, it announced that it was leaving the bundled health insurance payments business. It estimated that the decision would cost up to $35 million in severance and other employee costs. In August 2022, the company announced it was exploring a sale. Amazon was one of the bidders. In September 2022, CVS Health CVS Health Corporation is an American healthcare company that owns CVS Pharmacy, a retail pharmacy chain; CVS Caremark, a pharmacy benefits manager; and Aetna, a health insurance provider, among many other brands. The company is the worl ... announced that it was acquiring Signify Health for $8 billion. References External links * American companies established in 2017 {{med-tech-company-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Mountain Capital
New Mountain Capital (New Mountain) is an American alternative investment firm headquartered in New York City. The firm focuses on growth investing in mid-sized companies from economically acyclical industries. Outside the U.S., the firm has offices in Europe and Asia. In June 2024, New Mountain Capital ranked 37th in Private Equity International's PEI 300 ranking among the world's largest private equity firms. Background New Mountain was founded in 1999 by Steven Klinsky who was a former partner at Forstmann Little & Company as well as the co-founder of Goldman Sachs' leveraged buyout unit. Klinsky had a minor role during the buyout of RJR Nabisco as the top lieutenant to Theodore J. Forstmann. As a result, when Klinsky founded New Mountain, he wanted to take a different approach to other private equity firms which used high amounts of leverage. In September 2018, Blackstone Inc. acquired a 9% stake in New Mountain. In January 2021, it was reported that New Mountain had r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reuters
Reuters ( ) is a news agency owned by Thomson Reuters. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide writing in 16 languages. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by Paul Reuter. The Thomson Corporation of Canada acquired the agency in a 2008 corporate merger, resulting in the formation of the Thomson Reuters Corporation. In December 2024, Reuters was ranked as the 27th most visited news site in the world, with over 105 million monthly readers. History 19th century Paul Julius Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions of 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CVS Health
CVS Health Corporation is an American healthcare company that owns CVS Pharmacy, a retail pharmacy chain; CVS Caremark, a pharmacy benefits manager; and Aetna, a health insurance provider, among many other brands. The company is the world's second largest healthcare company, behind UnitedHealth Group. In 2023, the company was ranked 64th in the ''Forbes'' Global 2000. CVS started in Lowell, Massachusetts by brothers Stanley and Sidney Goldstein and their partner Ralph Hoagland. The name stood for Consumer Value Stores. CVS and its subsidiaries have faced numerous controversies, including health and Medicare fraud, patient privacy violations, prescription errors, financial restatements, deceptive business practices, pharmaceutical kickbacks, and involvement in a political corruption case, resulting in hundreds of millions in settlements and widespread criticism. History 1960s The first Consumer Value Store (CVS), selling health and beauty products, was founded in 1963, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
