Priority Health, an insurer in Grand Rapids, Mich., is merging with Detroit-based insurer Total Health Care, according to the Grand Rapids Business Journal.
Under the deal, both health plans will maintain their leadership teams, operations, locations and staff. Priority Health serves more than a million members in Michigan and employs more than 1,200 people, while Total Health Care has a network of more than 2,560 healthcare centers, 2,000-plus primary care physicians and 4,500 specialists.
The transaction, which is expected to close by early 2020, is subject to regulatory and state approvals, according to the report.
Read more here.
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