Health Plans

Q4-2016 Health Plans Update– Uncertainty among the state of the Affordable Care Act in the broader healthcare landscape has served as a significant hindrance to consolidation activity in the health plan arena, however, looking into 2017 the sector is anticipated to undergo heightened M&A activity as health plans adjust to ongoing shifts in reimbursement.

Q3-2016 Health Plans Update– Health plan and benefit managers experienced little consolidation activity in terms of volume for the third quarter. However, deals that have been completed in the space are of significant size and importance, such as UnitedHealthcare’s acquisition of Rocky Mountain Health Plans.

  • “After working with Provident on several transactions, it is evident that their extensive industry knowledge and deal expertise prove to be invaluable to their clients.”

  • “Provident listened to our story, confirmed that our business was valuable and made us feel like this was the only transaction important to them.”

  • “While the decision to sell our business was a difficult one, Provident vigilantly represented and protected our best interests throughout the transaction.  Provident was the right choice for Cascade and I would recommend their services to anyone.”

  • “Provident’s depth of experience and practical business savvy was demonstrated in their ability to cut through what sometimes looked like impasse.”

  • “We would not have been successful navigating the process without Provident’s hard work and active participation. They exceeded our expectations and we would highly recommend them to any health care company seeking a knowledgeable and engaged investment banking firm.”

  • “A lot of investment bankers were interviewed, Provident was chosen. Provident delivered. My clients could not be happier.”

  • ”I have a tremendous amount of appreciation and gratitude to the Provident team for their hard work and diligence throughout this process. Each and every member of the Provident team is excellent at their jobs and it has been a pleasure working with such a professional team. Provident has provided outstanding guidance and counsel, and this deal could never have gotten done without Provident’s leadership.”