M&A Deal Summary |
|
|---|---|
| Date | 2019-09-19 |
| Target | Trusted HP |
| Sector | Healthcare Services |
| Buyer(s) | Health Alliance Plan |
| Sellers(s) | Trusted Health Plan |
| Deal Type | Divestiture |
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Health Alliance Plan is a Michigan-based, nonprofit health plan that provides health coverage to individuals and companies of all sizes. For nearly 60 years, HAP has partnered with leading doctors and hospitals, employers and community organizations to enhance the health and well-being of the lives it touches. HAP offers a product portfolio with six distinct product lines: Group Insured Commercial, Individual, Medicare, Medicaid (using the HAP Empowered name), Self-Funded and Network Leasing. HAP excels in delivering award-winning preventive services, disease management, and wellness programs, as well as personalized customer service.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Healthcare Services) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Michigan) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2019) | 1 of 1 |
| Category | Company |
|---|---|
| Sector | Healthcare Services |
Trusted Health Plan is a high-performing managed care organization serving enrollees of the DC Healthy Families Medicaid Program and the DC Healthcare Alliance Program. In operation since 2013, Trusted now manages the care of over 34,000 enrollees, and employs over 125 full-time employees. Trusted was the first Medicaid managed care organization in D.C. to introduce Wellness Centers, giving enrollees access to face-to-face health education, case management, and nutritional counseling in centers located in Wards 4, 7, and 8. Trusted Health Plan is based in Washington, D.C.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Healthcare Services) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Michigan) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2019) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-02-28 |
Harbor Health Plan
Detroit, Michigan, United States Harbor Health Plan, Inc. is a provider of healthcare serives. The company plans include building brick and mortar Wellness Centers in Wayne, Oakland, and Macomb counties to improve member health outcomes, and establishing value-based contracts with providers. The Wellness Centers will focus on enhancing its members' health status through on-site nurse case management and care coordination, physical fitness activities, and health education. |
Buy | - |
