Health Net to Sell Northeast Operations to UnitedHealth

Health Net has announced that it plans to sell its health insurance operations in Connecticut, New York and New Jersey to UnitedHealth Group for $510 million, according to a report in the Los Angeles Times.

Advertisement

UnitedHealth will gain 578,000 members as part of the agreement.

Health Net said in the report that it plans to concentrate its efforts on the Western United States.

The deal is expected to be completed within 12 months.

Read the LA Times’ report on the Health Net sale.

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.

Advertisement

Next Up in Uncategorized

Advertisement

Comments are closed.