Intelligence Unit
Special Reports
Special Events
Subscribe
Sponsored
Departments
- Leadership
- Finance
- Technology
- Physicians
- Community Hospitals
- Health Plans
- Marketing
- Quality
- Nursing
- HR
Follow Us
UnitedHealthcare buys Preferred Care, Medica HMOs
Miami Herald, February 29, 2012
UnitedHealthcare, the giant nationwide insurer, announced Tuesday it has agreed to purchase two Miami-Dade based Medicare and Medicaid insurance plans that have more than 100,000 members and eight clinics. Terms of the two deals were not announced. UHC's earlier foray into the Miami-Dade market proved disastrous. In 1994, UHC spent $500 million for another HMO, CAC Ramsey HMO and its 18 clinics. The Minneapolis-based UHC "didn't understand the culture," said former CAC Ramsey executive Miguel "Mike" Fernandez in a 2007 interview.
Most Viewed
Most Emailed
- Primary Care Docs Average More Hospital Revenue Than Specialists
- 69% of Employers Plan to Offer Healthcare Coverage After 2014
- How Chargemaster Data May Affect Hospital Revenue
- Insurer's App Aims to Lower Healthcare Costs, Securely
- House Lawmakers Grill CMS Over Health Exchange Navigators
- ED Physicians Key to Half of Hospital Admissions
- Building a Better Healthcare Board
- Q&A: Catholic Health Initiatives' New Senior VP for Capital Finance
- Don't Let Nurses Sink Your Bottom Line
- Hospital Pricing Irks Nurses; More Jobs, Less Pay
