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With Amerigroup, WellPoint's affiliated Medicaid health plans now serve approximately 4.5 million beneficiaries of state sponsored health care programs in 20 states, bringing the company's total ...
Amerigroup is an American health insurance and managed health care provider. Amerigroup covers 7.7 million seniors, people with disabilities, low-income families and other state and federally sponsored beneficiaries, and federal employees in 26 states, making it the nation's largest provider of health care for public programs. [ 1 ]
In 2011, WellPoint acquired CareMore, a Cerritos, California-based provider of insurance and care centers for elderly patients. [50] In 2012, WellPoint acquired Amerigroup for $4.9 billion, anticipating significant growth due to Medicaid expansion under the Patient Protection and Affordable Care Act. [51] [52] [53]
Did large health insurer WellPoint (NYS: WLP) just bet nearly $5 billion that Barack Obama will be re-elected? The company recently announced a proposed acquisition of Amerigroup (NYS: AGP) , a ...
In July 2012, WellPoint (now Elevance Health), a commercial health insurance company acquired Amerigroup for approximately $4.9 billion. Upon completion of the transaction, Amerigroup operates as a wholly owned subsidiary of Elevance Health.
The uncertainties created by the Affordable Care Act (the ACA or "Obamacare") have affected all of the players in the space, leading to a drive toward consolidation and scale through acquisitions ...
WellPoint's Medicaid Business Unit Announces Conference Participation for May VIRGINIA BEACH, Va.--(BUSINESS WIRE)-- Amerigroup, a wholly owned subsidiary of WellPoint, Inc., announced its ...
WellPoint Reports Second Quarter 2013 Results Net income was $2.64 per share, including income of $0.04 per share from certain items. Adjusted net income was $2.60 per share (refer to GAAP ...