In this episode of S&C’s Critical Insights podcast, Frank Aquila, Global Head of M&A, and Keith Pagnani, co-head of our Healthcare & Life Sciences group, examine industry and regulatory trends related to health insurers that will shape healthcare M&A. Frank and Keith discuss the rise of vertical mergers in the healthcare industry and why this trend continues to accelerate. They also explore how the shift to a value-based care system under the Affordable Care Act is incentivizing the removal of siloes in the healthcare industry.