WellCare Health (WCG) to Acquire UnitedHealthcare’s Medicaid Biz in S.C.
Tweet
Share
E-mailGet Alerts WCG Hot Sheet
Join SI Premium – FREE
WellCare Health Plans, Inc. (NYSE: WCG) has entered into an agreement to acquire UnitedHealthcare’s Medicaid business in South Carolina from UnitedHealth Group (NYSE: UNH). The transaction is subject to regulatory approvals, and WellCare anticipates that the transaction will close during the fourth quarter of 2012.
As of October 2012, UnitedHealthcare’s Medicaid business in South Carolina serves approximately 65,000 Medicaid members in 39 of the state’s 46 counties, including the Columbia and Greenville metropolitan areas, through the South Carolina Healthy Connections Choices program. It has a network that includes more than 30 hospitals, 1,800 primary care physicians, and 2,000 specialists.
As of October 2012, UnitedHealthcare’s Medicaid business in South Carolina serves approximately 65,000 Medicaid members in 39 of the state’s 46 counties, including the Columbia and Greenville metropolitan areas, through the South Carolina Healthy Connections Choices program. It has a network that includes more than 30 hospitals, 1,800 primary care physicians, and 2,000 specialists.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Bernstein on whether Hershey (HSY) could eventually step up to buy Mondelez (MDLZ)
- Vireo Growth completes acquisition of C21 Investments
- FDA clears Implantica's RefluxStop implant for U.S. market
Create E-mail Alert Related Categories
FDA, Mergers and AcquisitionsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
