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Healthcare Business News
 

Windsor Health deal gives WellCare customers in all 50 states


By Paul Demko
Posted: January 6, 2014 - 3:45 pm ET
Tags:

WellCare Health Plans has completed its acquisition of Windsor Health Group, providing the Tampa, Fla.-based company with new Medicare Advantage customers in 192 counties spanning four states.

No financial details for the transaction were released. WellCare initially announced the deal to take over Windsor in September.

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WellCare provides managed-care services to individuals enrolled in Medicare and Medicaid. The company had 2.8 million enrollees as of September 2013. As a result of the Windsor deal, it will now have customers in all 50 states; Windsor operated in Arkansas, Mississippi, South Carolina and Tennessee.

The acquisition caps a busy year for WellCare. The company has acquired other Medicaid carriers: Missouri Care, a subsidiary of Aetna, and the South Carolina Medicaid business of UnitedHealth Group.

WellCare is also in the process of acquiring Healthfirst Health Plan of New Jersey. That deal is expected to be completed during the first quarter of 2014.

Follow Paul Demko on Twitter: @MHpdemko


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