29 - Anthem

Signage is displayed on the exterior of an Anthem Inc. Blue Cross Blue Shield office building in Wallingford, Connecticut, U.S., on Tuesday, Nov. 22, 2016. Anthem Inc.'s proposed $48 billion merger with Cigna Corp. could give the insurer the power to raise prices for employers both in the 14 states where it does business, as well as across the country, according to a witness in the U.S. government's lawsuit to block the deal. Photographer: Michael Nagle/bloomberg Michael Nagle — Bloomberg via Getty Images

In 2015 health insurance titan Anthem announced one of the year’s biggest acquisitions with a proposed $48 billion deal to buy competitor Cigna, and it entered 2017 with the deal on the rocks. The pair spent much of the year in between clashing with and suing each other as the U.S moved to block the deal, which would have made the combined company the nation’s largest insurer, ahead of UnitedHealth Group. Unlike UHG, Anthem has taken a can-do attitude to the nation’s Obamacare exchanges, remaining in them as its rival departed from most. Under President Trump, that stability is at risk. Finally, the company spent much of the year in another battle a nasty contract dispute with former partner Express Scripts. They severed ties in April 2017.

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Key Metrics & Financials (Last Fiscal Year)

Revenues ($M)$84863
Revenue Percent Change7.2%
Profits ($M)$2,469.8
Profits Percent Change-3.5%
Assets ($M)$65083
Market Value — as of March 31, 2017 ($M)$43,813
Previous Rank33

Company Facts

SectorHealth Care
IndustryHealth Care: Insurance and Managed Care
HQ LocationIndianapolis, IN
CEOJoseph R. Swedish
CEO Title-
Years on Fortune 500 List23

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