Article: Elder Health and Health Partners of Philadelphia Enter Agreement for Elder Health to Acquire Health Partners' Medicare Plan.

Sale of 'Senior Partners' to Elder Health Pending Approvals

BALTIMORE and PHILADELPHIA, Jan. 2 /PRNewswire/ -- Elder Health Inc. and Health Partners of Philadelphia Inc. announced today they have entered into an agreement under which Elder Health would acquire Health Partners' Senior Partners Medicare line of business in Philadelphia and surrounding counties.

Under the agreement, Elder Health Pennsylvania Inc., a subsidiary of Elder Health Inc., would acquire approximately 21,000 Senior Partners Medicare members, making Elder Health the second largest Medicare Advantage Plan in one of the largest Medicare markets in the country. Health Partners would retain ownership ...

Related newspaper, magazine, and journal articles:

Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!