Home Transformation Mergers & Acquisitions WellCare Acquires Meridian for an Estimated $2.5 Billion

WellCare Acquires Meridian for an Estimated $2.5 Billion

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WellCare Health Plans has completed its acquisition of Meridian Health Plan of Michigan, Inc., Meridian Health Plan of Illinois, Inc., and MeridianRx. First announced in May, the deal renders Meridian a fully-owned subsidiary of WellCare. By acquiring Meridian, WellCare’s Medicaid population has expanded by almost 40%.

Access the full press release here.