McLaren Health Plan to Acquire Medicaid HMO

McLaren Health Plan, owned by McLaren Health Care in Flint, Mich., has announced an agreement to purchase CareSource Michigan, a 34,500-member Medicaid health maintenance organization in Lansing, Mich.

Advertisement

The transaction would expand McLaren Health Plan’s market for Medicaid managed care from 30 to 53 Michigan counties. The Michigan Office of Financial and Insurance Regulation must review and approve the proposed transaction before it is final.  

CareSource Michigan is operated by CareSource in Dayton Ohio, one of the largest Medicaid managed healthcare plans in the nation.

More Articles on Health Plans:

Highmark, West Penn Merger Gets Public Support in Hearing
UnitedHealthcare Acquires Two Florida-Based Medicare Advantage Companies
Steward Launches First Health Plan for Small Businesses

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Advertisement

Next Up in Capital

Advertisement

Comments are closed.