Centene to acquire WellCare Health Plans in a deal valued at $17.3 billion
The combined company will have around 22.3 million members across all 50 states, ranking it as the fourth largest insurer in the country.
The combined company will have around 22.3 million members across all 50 states, ranking it as the fourth largest insurer in the country.
Regulatory approval for the purchase is predicated on Aetna's previously announced plans to sell off its Medicare Part D business to WellCare Health.
Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.
"Aetna believes the Divestiture is a significant step toward completing the DOJ’s review of the CVS Health Transaction," the company wrote in its SEC filing.