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Elevance Health, BCBS of Louisiana resume $2.5 Billion merger talks

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After pausing their potential $2.5 billion merger two months ago amid regulatory concerns, Elevance Health Inc. and Blue Cross & Blue Shield of Louisiana have revived the deal with an updated proposal, reports Fierce Healthcare. Key changes include alterations to the structure and purpose of the nonprofit Accelerate Louisiana Initiative, which would receive 91% of the merger proceeds. Additions like a board member appointed by Louisiana's governor aim to address regulators' concerns.

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