Molina Healthcare entered into a definitive agreement to acquire My Choice Wisconsin. The purchase price for the transaction is approximately $150 million, net of expected tax benefits and required regulatory capital. MCW is a Medicaid managed care organization. It has a 22-year history of serving managed long-term services and supports (MLTSS) populations. As of May 2022, MCW served over 44,000 MLTSS and core Medicaid members throughout Wisconsin, delivering approximately $1 billion in premium revenue for the 12 months ending March 31. Read more.
Related Posts
New Directions Behavioral Health Acquires Digital Solutions Company Tridiuum
Headquartered in Overland Park, Kansas, New Directions works with payors, employers and higher education institutions to serve over 15 million members nationwide.
evolvedMD Partners with NeuroFlow
Philadelphia-based NeuroFlow will employ its proprietary patient registry and mobile technology as part evolveMD’s collaboration with HonorHealth
Drayer PT Institute Opens New Outpatient Clinic
Drayer now operates five facilities in the Dayton area.
Molina Healthcare to Acquire $110M in Assets of AgeWell New York
As of Aug. 31 AgeWell served approximately 13,000 managed long-term services and supports members, with full-year 2020 premium revenue of approximately $700 million.