Maestro Health Is Acquired By European Insurance Giant AXA

Maestro Health (Maestro) was recently acquired by AXA Group (AXA), the world's 42nd largest health care brand. The acquisition—which marks AXA's first entry into the U.S. market—entailed a $155 million purchase price, and is awaiting regulatory approval for completion.

Statements from Maestro leadership have emphasized the company's anticipation that the purchase will reinforce its all-in, continuum of care model allowing it to lower health care costs, reduce complexity, and empower consumers. Upon completion of the acquisition, Maestro will retain its current name, mission, and team, while operating as a wholly-owned AXA subsidiary . . .