Molina Healthcare (NYSE:MOH) has agreed to acquire
certain assets of Monroe Plan for Medical Care subsidiary YourCare
Health Plan, Inc. for ~$40M in cash. The company will pick up 46K
Medicaid members in seven counties in the Western New York and Finger
Lakes regions as a result.
The transaction should close in Q1 2020.
https://seekingalpha.com/news/3506077-molina-expands-footprint-ny-asset-purchase
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