M&A Deal Summary

Buckeye Community Health Plan Acquires MediPlan

On June 1, 2006, Buckeye Community Health Plan acquired healthcare services company MediPlan from Aultman Health Foundation for 9M USD

Acquisition Highlights
  • This is Buckeye Community Health Plan’s 1st transaction in the Healthcare Services sector.
  • This is Buckeye Community Health Plan’s largest (disclosed) transaction.
  • This is Buckeye Community Health Plan’s 1st transaction in the United States.
  • This is Buckeye Community Health Plan’s 1st transaction in Ohio.

M&A Deal Summary

Date 2006-06-01
Target MediPlan
Sector Healthcare Services
Buyer(s) Buckeye Community Health Plan
Sellers(s) Aultman Health Foundation
Deal Type Divestiture
Deal Value 9M USD

Target

MediPlan

Canton, Ohio, United States
MediPlan Corp., a healthcare delivery system company.

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Buyer(S) 1

Buyer

Buckeye Community Health Plan

Columbus, Ohio, United States

Category Company
Founded 2004
Sector Healthcare Services
DESCRIPTION

Buckeye Community Health Plan, Inc., is a care coordination plan contracted with the Ohio Department of Medicaid to serve Medicaid and other government services program members.


DEAL STATS #
Overall 1 of 1
Sector (Healthcare Services) 1 of 1
Type (Divestiture) 1 of 1
State (Ohio) 1 of 1
Country (United States) 1 of 1
Year (2006) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Aultman Health Foundation

Canton, Ohio, United States

Category Company
Founded 1984
Sector Healthcare Services
DESCRIPTION

Aultman Health Foundation, is a not-for-profit health system. The system encompasses Aultman Hospital, a 682-bed teaching hospital with a medical staff of approximately 650 physicians and more than 5,000 employees.


DEAL STATS #
Overall 1 of 1
Sector (Healthcare Services) 1 of 1
Type (Divestiture) 1 of 1
State (Ohio) 1 of 1
Country (United States) 1 of 1
Year (2006) 1 of 1
Size (of disclosed) 1 of 1