Connecticut-Based Aetna To Sell Missouri Medicaid Business

Circle Connections: Mergers & Acquisitions Aetna announced that it has agreed to sell its Missouri Medicaid business, called Missouri Care, to WellCare Health Plans, Incorporated. Financial terms were not disclosed. The sale of Missouri Care, a MO HealthNet plan, is subject to customary closing conditions, including regulatory approval. Missouri Care provides managed care services to more than 100,000 members in Central, Eastern and Western Missouri. Missouri Care CEO Pamela Johnson and employees dedicated to the Missouri Care business will join WellCare to help with the goal of ensuring uninterrupted service for members. This was reported by Daily Finance on . . .