CareSource has completed its acquisition of Common Ground Healthcare Cooperative, the nonprofit health insurers announced in a news release. Privately held CareSource, which has 2 million Medicare, Medicaid and health insurance exchange members, gains 54,000 marketplace customers in Wisconsin through the deal. Common Ground CEO Cathy Mahaffey remains as chief executive of Common Ground Healthcare Cooperative and was named CareSource market president for the Badger State. State and federal regulators and Common Ground members signed off on the transaction first proposed last February, according to the news release.
Read the full article: CareSource Acquires One of Last Remaining ACA Co-Ops //
Source: https://www.modernhealthcare.com/mergers-acquisitions/caresource-aca-coop-common-ground-healthcare