WellCare Health Plans

WellCare Health Plans, Inc. is a managed care organization that specializes in government-sponsored health services, primarily through Medicaid and Medicare programs. The company operates three main segments: Medicaid Health Plans, which serve low-income families and individuals; Medicare Health Plans, which cater to seniors and certain disabled individuals by offering a variety of benefits including Medicare Advantage; and Medicare Prescription Drug Plans (PDPs), which provide nationwide prescription drug coverage. With a focus on enhancing the quality of care and ensuring members receive appropriate services, WellCare serves approximately 5.5 million individuals across the United States, with a significant presence in states such as Florida, Georgia, Kentucky, New York, and Illinois. Founded in 1985 and headquartered in Tampa, Florida, WellCare Health Plans operates as a subsidiary of Centene Corporation since early 2020.

Troy Hildreth

CEO

Cassie Lighton

CFO

Marc Nyarko

COO

Randy Smith

VP, CFO Finance

Edward Ullman

Founder

8 past transactions

Meridian Health Plan

Acquisition in 2018
Meridian Health Plan was a family-operated health insurance provider based in Detroit, Michigan. Established in 1997, it initially operated under the name Health Plan of Michigan, offering a range of health insurance coverage and services, including preventive care, home healthcare, and diagnostic tests. Over the years, Meridian expanded its operations to include plans in Illinois and several other states, including Iowa, New Hampshire, and Ohio. However, the company is no longer operational, having been acquired by Wellcare. At the time of its operations, Meridian aimed to serve members in low-resource environments, focusing on accessible healthcare options.

Universal American

Acquisition in 2016
Universal American is a healthcare company based in New York that specializes in providing health benefits primarily to individuals covered by Medicare and Medicaid. With annual revenues exceeding $2 billion, the company operates through various subsidiaries that focus on government-sponsored managed care services. Its offerings include Medicaid, Medicare Advantage, and Medicare Prescription Drug Plans, targeting families, children, seniors, and individuals with complex medical needs. Universal American emphasizes collaboration with healthcare professionals to enhance the health and well-being of its members while aiming to reduce overall healthcare costs.

Care1st Health Plan

Acquisition in 2016
Care1st Health Plan is a health care provider that offers a range of health plans and services designed to meet the needs of eligible members. The company serves individuals enrolled in programs such as KidsCare, AHCCCS, and DDD. Care1st provides Medicare services, medical member services, and special needs programs, as well as resources for doctors and brokers. Additionally, the organization focuses on disease management and health education to enhance the overall well-being of its members.

Windsor Health Group

Acquisition in 2014
Windsor Health Group is a healthcare company operating government sponsored health plans and providing speciality managed care services.

Missouri Care

Acquisition in 2013
Missouri Care provides coverage for all MO HealthNet health programs.

Easy Choice Health

Acquisition in 2012
Easy Choice Health is a healthcare provider that focuses on delivering comprehensive health and managed care services to its members. The company has established a network of physicians, hospitals, pharmacies, and other healthcare professionals to ensure a quality care experience. It aims to create a supportive environment that is both member and provider friendly, making the managed healthcare experience straightforward and rewarding. In addition to covering essential medical needs such as physician visits, hospital care, and prescription drugs, Easy Choice Health also offers non-Medicare benefits, targeting underserved and culturally diverse populations. This approach enables members to access high-quality healthcare services while minimizing out-of-pocket expenses.

UnitedHealthcare - Medicaid business

Acquisition in 2012
UnitedHealthcare - Medicaid business provides medicaid managed care services. UnitedHealthcare’s Medicaid busines serves approximately 65,000 Medicaid members in 39 of the state’s 46 counties, including the Columbia and Greenville metropolitan areas, through the South Carolina Healthy Connections Choices program.

Harmony Health Systems

Acquisition in 2004
Harmony Health Systems is a medicaid managed care organization operating health plans. Harmony Health Systems develops benefits for members, as well as participates in studies to improve healthcare outcomes for the Medicaid population.
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