Billing Beat

WellCare To buy Meridian Health Plans And PBM For $2.5 Billion

June 4, 2018

Wellcare said its deal to acquire Meridian will close by the end of the year, this transaction will capture bigger shares of a fast-growing market of aging baby boomers turning 65 years old and becoming eligible for Medicare coverage and to expand Medicaid businesses.

Source: https://www.forbes.com/sites/brucejapsen/2018/05/29/wellcare-to-buy-meridian-health-plans-and-pbm-for-2-5b/

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