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In March 2019, it announced plans to acquire WellCare for US$17.3 billion. [ 14 ] [ 15 ] In January 2021, it was announced that it would acquire Magellan Health for $2.2 billion. [ 16 ] In January 2022, the acquisition was completed.
In November 2012, Wellcare acquired Easy Choice Health Plan in California. [26] UnitedHealthcare's South Carolina Medicaid business was acquired in February 2013. [27] In April of that year, Aetna's Medicaid business in Missouri, Missouri Care, was acquired. [28] The Windsor Health Group was acquired by WellCare in January 2014. [29] [30]
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Medco was a member of the S&P 500 and ranked number 34 on the 2011 Fortune 500 list, [1] with 2011 revenues of more than $70 billion. [2] From 2008 to 2012, the company was ranked first on Fortune magazine's World's Most Admired Companies list in the Healthcare: Pharmacy and Other Services category.