WellCare finalizes takeover of Advicare's Medicaid business in South Carolina

May 31, 2016

WellCare Health Plans completed the acquisition of certain assets of Advicare Corp.'s Medicaid business, including the transfer of approximately 30,000 members to WellCare of South Carolina. The financial terms of the transaction were not disclosed. As part of the deal, Regional HealthPlus joined WellCare's provider network in the state, which provides services through three member hospitals: Spartanburg Medical Center, Pelham Medical Center and Union Medical Center, and more than 500 physicians and allied health professionals. Regional HealthPlus also includes four ambulatory surgery centers and a number of ancillary providers. Advicare Medicaid members will continue to receive all of their 2016 plan benefits and will also receive WellCare's value-added benefits, including $120 credit toward over-the-counter supplies and the healthy rewards program, which incentivizes members for completing preventive health, wellness and engagement milestones.