WellCare Health Plans
WellCare Health Plans, Inc. is a managed care organization that specializes in government-sponsored health services, primarily focusing on Medicaid and Medicare programs. The company operates through three main segments: Medicaid Health Plans, Medicare Health Plans, and Medicare Prescription Drug Plans (PDPs). Its Medicaid segment serves various beneficiaries, including those eligible for temporary assistance and individuals with disabilities, while the Medicare segment offers comprehensive benefits to seniors and certain disabled individuals through both traditional Medicare and Medicare Advantage plans. WellCare also provides national prescription drug coverage under its PDPs. The organization is committed to addressing community health needs and partners with local entities to tackle issues such as food insecurity and poverty. Founded in 1985 and headquartered in Tampa, Florida, WellCare has a significant presence in states like Florida, Georgia, Kentucky, New York, and Illinois, and as of its latest reports, serves approximately 5.5 million members nationwide. WellCare became a subsidiary of Centene Corporation in January 2020.
Top Stages
8 past transactions
Meridian Health Plan
Acquisition in 2018
Meridian Health Plan was a family-operated managed care organization based in Detroit, Michigan, established in 1997. Initially known as Health Plan of Michigan, the company provided health insurance coverage and various services, including preventive care, home healthcare, and diagnostic tests, to its members in Michigan, Illinois, and other states. Meridian focused on serving low-resource environments, ensuring access to essential health services for its clients. However, the company is no longer operational following its acquisition by Wellcare.
Universal American
Acquisition in 2016
Universal American is a healthcare company based in New York that offers health benefit services primarily to individuals covered by Medicare and Medicaid. With annual revenues exceeding $2 billion, it operates through a network of subsidiaries that focus on government-sponsored managed care services. The company is dedicated to providing health benefits to diverse groups, including families, children, seniors, and individuals with complex medical needs. Universal American emphasizes collaboration with healthcare professionals to enhance the health and well-being of its members while aiming to reduce overall healthcare costs.
Care1st Health Plan
Acquisition in 2016
Care1st Health Plan is a health care provider that delivers a range of services to meet the needs of its members. The company supports eligible individuals enrolled in programs such as KidsCare, AHCCCS, and DDD. Care1st offers various health care plans, including Medicare and special needs programs, and provides medical member services, disease management initiatives, and health education. By focusing on comprehensive care, Care1st aims to enhance the overall health and well-being of its members.
Windsor Health Group
Acquisition in 2014
Windsor Health Group is a healthcare company operating government sponsored health plans and providing speciality managed care services.
Missouri Care
Acquisition in 2013
Missouri Care provides coverage for all MO HealthNet health programs.
Easy Choice Health Plan
Acquisition in 2012
Easy Choice Health Plan is a healthcare provider that focuses on delivering managed care services to its members. The company operates a network that includes physicians, hospitals, pharmacies, and other healthcare professionals, ensuring comprehensive coverage for medical, hospital, and prescription drug needs. Easy Choice Health Plan is dedicated to creating a member and provider-friendly environment, aiming to make the healthcare experience easy, responsive, and rewarding for all participants. Additionally, the company offers non-Medicare covered benefits, specifically targeting underserved and culturally diverse populations to help them access valuable healthcare services while minimizing out-of-pocket expenses.
UnitedHealthcare - Medicaid business
Acquisition in 2012
UnitedHealthcare - Medicaid business provides medicaid managed care services. UnitedHealthcare’s Medicaid busines serves approximately 65,000 Medicaid members in 39 of the state’s 46 counties, including the Columbia and Greenville metropolitan areas, through the South Carolina Healthy Connections Choices program.
Harmony Health Systems
Acquisition in 2004
Harmony Health Systems is a medicaid managed care organization operating health plans. Harmony Health Systems develops benefits for members, as well as participates in studies to improve healthcare outcomes for the Medicaid population.
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