Blue Cross NC and Cambia pull applications for proposed partnership

Blue Cross NC's planned venture with Oregon-based  Cambia Health Solutions looks to be falling away following the sudden ouster of its CEO, with both companies withdrawing their respective applications with state regulators. The two companies had previously agreed to join into a $16 billion affiliation covering more than six million people in Ma rch, but following news of Dr. Patrick Conway's June arrest for DWI, the deal was put on "hold" while Cambia waited for the legal process to come to a…
Source: bizjournals.com Health Care:Biotechnology headlines - Category: Biotechnology Authors: Source Type: news