Fairview and UCare won’t merge after all
In
The agreement was seen as helping both UCare and Fairview's health insurance divisions handle financial setbacks, but the timeline for completing the deal was delayed at several points last year.
In an interview this week about Fairview's newly proposed merger with
"We've moved on," Hereford said Tuesday.
Since
UCare lost roughly half its revenue and eliminated 250 jobs following its failed competitive bid in 2015 on a large state contract in public health insurance programs.
The fates of UCare and PreferredOne, along with health insurer mergers in general, have changed over the past year.
In
UCare is returning in a big way to the state public program contract after
In
Fairview and
In January, Fairview took control of
Not all mergers come to pass.
In 2016, Fairview and the
"We've had a long 20-year relationship with the university," Hereford said, "and that's going to continue."
Twitter: @chrissnowbeck
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