Managed Care

 

United HealthCare And Humana Plan $5.5 Billion Merger

MANAGED CARE July 1998. © MediMedia USA
News and Commentary

United HealthCare And Humana Plan $5.5 Billion Merger

MANAGED CARE July 1998. ©1998 Stezzi Communications

United HealthCare and Humana, two of the nation's largest for-profit managed care companies, have agreed to a $5.5 billion merger. The resulting company will operate as United HealthCare in 48 states and Puerto Rico.

The move is one of the largest instances yet of the consolidation taking place in the managed care industry. When con- summated this fall — assuming regulatory and shareholder approval — the merger will create a behemoth with 6 million enrollees, with the majority of them in the Midwest, Southeast and Southwest.

Also on the sale-and-merger beat: Kaiser Permanente will unload its money-losing Texas operations to Sierra Health Services. Las Vegas-based Sierra, which already has a solid foothold in the Texas market, will pick up Kaiser's 123,000 Dallas-area subscribers and a 150-physician group for an undisclosed sum.

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Pharmaceutical Pricing and Contracting Conference Philadelphia, PA September 22–23, 2014
Private Health Insurance Exchanges Conference Washington, D.C. October 7–8, 2014
National Healthcare Facility Management Summit Palm Beach, FL October 16–17, 2014
National Healthcare CFO Summit Las Vegas, NV October 19–21, 2014
National Healthcare CXO Summit Las Vegas, NV October 19–21, 2014
Innovative Member Engagement Operations For Health Plans Las Vegas, NV October 20–21, 2014
4th Partnering With ACOs Summit Los Angeles, CA October 27–28, 2014
2014 Annual HEDIS® and Star Ratings Symposium Nashville, TN November 3–4, 2014
PCMH & Shared Savings ACO Leadership Summit Nashville, TN November 3–4, 2014
World Orphan Drug Congress Europe 2014 Brussels, Belgium November 12–14, 2014
Medicare Risk Adjustment, Revenue Management, & Star Ratings Fort Lauderdale, FL November 12–14, 2014
Healthcare Chief Medical Officer Forum Alexandria, VA November 13–14, 2014
Home Care Leadership Summit Atlanta, GA November 17–18, 2014