UnitedHealth will gain 578,000 members as part of the agreement.
Health Net said in the report that it plans to concentrate its efforts on the Western United States.
The deal is expected to be completed within 12 months.
Read the LA Times’ report on the Health Net sale.
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.
