7 recent payer acquisitions

From purchases of Medicaid managed care firms to multibillion dollar home health deals, these are seven recent payer acquisitions reported by Becker’s:

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  1. UnitedHealth Group disclosed in an Aug. 12 regulatory filing it has acquired KS Plan Administrators, a Medicare insurer in Houston. KS Plan Administrators is affiliated with Kelsey-Seybold, a Houston-based medical group that has reportedly been acquired by UnitedHealth for about $2 billion.

  2. Humana said Aug. 12 it is planning to purchase Inclusa, a Stevens Point, Wis.-based managed care organization, for an undisclosed amount.
  3. Health Care Service Corp. said Aug. 11 it has signed an agreement to purchase Lake Forest, Ill.-based Trustmark Health Benefits from employee benefits firm Trustmark for an undisclosed amount.
  4. Humana became an equity partner of Villanova, Pa.-based Delaware Valley Accountable Care Organization in July. The ACO started as a joint venture between providers Main Line Health, based in Radnor Township, and Jefferson Health, based in Philadelphia.
  5. Molina Healthcare said in July it plans to purchase Medicaid managed care organization My Choice Wisconsin for $150 million.
  6. UnitedHealth Group’s Optum received acquisition approval from LHC Group shareholders in June. The $5.4 billion deal is expected to close later this year.
  7. SCAN Group acquired the Residentialist Group in May, a Laguna Hills, Calif.-based provider of in-home clinical services to older adults. SCAN will merge TRG with its existing in-home care program, HealthCHEC, to form Homebase Medical for health plan policyholders.

 

At the Becker's 5th Annual Fall Payer Issues Roundtable, taking place November 2–3 in Chicago, payer executives and healthcare leaders will come together to discuss value-based care, regulatory changes, cost management strategies and innovations shaping the future of payer-provider collaboration. Apply for complimentary registration now.

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