A cross-practice team in New York advised WellPoint, Inc., the largest health insurer by membership in the U.S., on its pending acquisition of private equity owned CareMore Health Group. The transaction is expected to boost WellPoint’s presence in the Medicare sector and highlights the importance of the senior market. The transaction is one of the first M&A transactions in the industry since the enactment of health care reform in the U.S., and also represents a move by WellPoint beyond traditional health insurance into a clinical model of care.
The team included New York partners Dan Dufner, Bindu Culas and Jeffrey Schmidt; New York senior counsel JP Brisson; and New York associates Francisco Duque, Antonia Sherman, Peter Cohen-Millstein, Mike Neary, Michael Deyong, Victoria Rosamond, Brian Allen, Suin Suh, Christine Coldiron, Jennifer Kim and Demetra Karamanos.
For further information, please contact:
Diane Bordt at +1 212 830 9527
