Ascension To Sell Its Stake In Arizona’s Mercy Care To Aetna

Ascension, which is co-owner of Mercy Care, a non-profit Arizona-based Medicaid managed care plan, plans to sell its share in Mercy Care to Aetna. In July 2026, Ascension Care Management Insurance Holdings, a wholly owned subsidiary of Ascension entered into a definitive agreement with CVS Pharmacy, Inc. (CVS), to sell Ascension’s stake in Mercy Care to CVS, the parent company of Aetna. Mercy Care provides Medicaid programs and Medicare Duals Special Needs Plans’

The agreement was reported in Ascension’s year-end Consolidated Financial Statements For The Year Ended June 30, 2026 and 2025. The financial . . .