2013-01-03 14:32:50 -
TAMPA, Fla. (Jan. 3, 2013) - WellCare Health Plans, Inc. (NYSE: WCG) today
announced that it has completed the acquisition of certain assets of Arcadian
Health Plan, Inc.'s Desert Canyon Community Care Medicare Advantage plans in
Arizona from Humana Inc.
On July 18, 2012, WellCare announced that it had entered into an agreement to
acquire the assets. Under the agreement, Desert Canyon members in Mohave and
Yavapai Counties are now WellCare of Arizona members. As of January 2013,
WellCare estimates that Desert Canyon serves approximately 4,000 members in
About WellCare Health Plans, Inc.
WellCare Health Plans, Inc. provides managed care services targeted to
government-sponsored health care programs, focusing on Medicaid and Medicare.
Headquartered in Tampa, Florida, WellCare offers a variety of health plans for
families, children, and the aged, blind, and
disabled, as well as prescription
drug plans. The company serves approximately 2.6 million members nationwide as
of Sept. 30, 2012. For more information about WellCare, please visit the
company's website at www.wellcare.com
Crystal Warwell Walker
WellCare Completes Desert Canyon Acquisition:
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Source: WellCare Health Plans, Inc. via Thomson Reuters ONE