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Medica buying Mayo Clinic division

August 18, 2017

Medica is acquiring a division of the Mayo Clinic that serves as the third-party administrator for more than two dozen employer health plans that currently cover about 260,000 people. The division called Mayo Clinic Health Solutions is a health benefits management company that administers health plans for employers that "self-insure," meaning they take the financial risk for the cost of medical claims.

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