Announced
Completed
Financials
Tags
United States
Health Care Services
Domestic
Acquisition
Private
Friendly
Single Bidder
Majority
healthcare services
Completed
Synopsis
Molina Healthcare, a managed care organization, completed the acquisition of the medicaid managed long term care business from AgeWell New York, a provider of care manager or wellness coach services, for $110m. “The addition of AgeWell to Molina’s expanding New York footprint is not only complementary to our existing MLTSS business, but also representative of our strategic growth strategy. Our highest priority is to serve all Molina members with quality care and compassion, and we anticipate a seamless integration," Joe Zubretsky, Molina Healthcare President and CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.