The Pittsburgh Post-Gazette reported that the acquisition would add 355,000 members to Highmark Health’s over 6 million-strong membership base.
While Highmark Health has owned half of Gateway Health since its 1992 founding, it would acquire the other half from Livonia, Mich.-based Trinity Health. Terms have not been disclosed.
Should the acquisition receive state approval, Gateway Health would become a Highmark Health subsidiary as it continues to offer Medicare and Medicaid plans to members.
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.
