Molina Healthcare has agreed to buy Bright Health Group’s Medicare Advantage business at a reduced price of $500m, down from the original $600m. Analyst Ari Gottlieb said the lowered price could spell financial trouble for Bright Health, which owes JPMorgan $308m and the federal government $380m. He added that it may have been negligent for Molina not to negotiate the price down, given Bright Health’s financial position.
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CDC issues warning over recalled eggs sold in three states
The Centers for Disease Control and Prevention (CDC) has issued a warning against recalled eggs linked to 24 hospitalizations due to salmonella infection. The eggs,