The Managed Care sector woke up in 2015 with a spate of mega deals announced in July, following the positive SCOTUS decision in King v. Burwell in late June. While Anthem (NYSE: ANTM) and Aetna (NYSE: AET) got the most press for their multi-billion bids for Cigna (NYSE: CI) and Humana (NYSE: HUM), respectively, others were making serial acquisitions.

Molina Healthcare (NYSE: MOH) led the sector with eight deals in 2015. All its targets were Medicaid business carve-outs from larger entities, stretching from Washington state to Illinois, Michigan and Florida. Centene Corp. (NYSE: CNC), which also focuses on under-served and uninsured populations, made news with its $6.8 billion acquisition of Health Net (NYSE: HNT), but also made two other deals for companies in Maryland and Oregon. This ball is just getting rolling.