Molina Healthcare Acquires AgeWell New York's MLTC Business

Molina Healthcare Acquires My Choice Wisconsin

July 13, 2022

Healthcare Services

Molina Healthcare has entered a definitive agreement to acquire substantially all the assets of My Choice Wisconsin for approximately $150 million, net of expected tax benefits and required regulatory capital. My Choice Wisconsin is a Medicaid managed care organization serving over 44,000 MLTSS and core Medicaid members with roughly $1 billion in premium revenue for the 12 months ending March 31, 2022; Molina says the deal expands its MLTSS footprint and will be immediately accretive to adjusted EPS, subject to regulatory approvals.

Molina Healthcare Acquires Affinity Health Plan

September 29, 2020

Healthcare Services

Molina Healthcare, Inc. agreed to acquire substantially all assets of Affinity Health Plan for approximately $380 million, funded with cash on hand. The acquisition expands Molina's Medicaid footprint and membership in New York (including New York City and surrounding counties) and is expected to be accretive to adjusted EPS subject to regulatory approvals.

Anthem, Inc. Acquires Integra Managed Care

May 5, 2022

Healthcare Services

Anthem, Inc. has completed the acquisition of Integra Managed Care, a New York-based Managed Long-Term Care (MLTC) plan that serves Medicaid beneficiaries. The deal expands Anthem's Medicaid business and adds Integra's care-management capabilities and approximately 40,000 covered members in the New York metro area to Anthem's Government Business Division; financial terms were not disclosed.

Molina Healthcare Acquires Cigna's Texas Medicaid Contracts

January 1, 2022

Healthcare Services

Molina Healthcare closed the acquisition of Cigna's Texas Medicaid contracts on January 1, 2022, adding approximately 50,000 members. The transaction (originally announced in April 2021) was reported to be valued at roughly $60 million and expands Molina's Medicaid footprint in Texas.

WTWH Media Acquires Aging Media Network

June 29, 2023

Media & Entertainment

WTWH Media, a Mountaingate Capital portfolio company, has signed a definitive agreement to acquire Aging Media Network, a Chicago-based digital media platform focused on senior care and behavioral health. The acquisition expands WTWH Media's healthcare vertical by adding editorial brands, events, and marketing solutions serving senior housing, home health, skilled nursing, hospice and behavioral health audiences.

Humana to Acquire Inclusa, Inc.

August 12, 2022

Healthcare Services

Humana Inc. will acquire substantially all of the assets of Inclusa, Inc., a Wisconsin-based Managed Care Organization that provides long-term care services through the state’s Family Care Medicaid program. The deal expands Humana’s Medicaid footprint and long-term care capabilities in Wisconsin; the transaction remains subject to customary state regulatory approvals and closing conditions.