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health plans
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insurance
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health care services
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Synopsis
CVS Health, an American healthcare company, agreed to acquire IlliniCare Health Plan, a Medicaid health plans provider, from Centene, a diversified, multi-national healthcare enterprise. Financial terms were not disclosed. "Expanding our Medicaid and Medicare Advantage presence in Illinois will allow us to serve more members with our proven holistic approach that addresses physical, behavioral and social determinants of care. We look forward to working with Centene on a seamless transition and developing a deeper relationship with the state and local providers," Karen S. Lynch, CVS Health Executive Vice President.
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