IHG Expands Third-Party Administrator Business
Stradley Ronon represented Independence Health Group (IHG), parent company of Independence Blue Cross, in an asset purchase that included customer contracts from Minnesota-based Comprehensive Care Services Inc., a third-party administrator that provides services to employers, union groups and tribal businesses and communities that self-fund their health plans. The purchase, made by two IHG subsidiaries, continues the expansion of Independence Health Group’s third-party administrator business by acquiring third-party administrator and Tribal business from CCS totaling approximately 30,000 members in Minnesota, Nebraska, North Dakota, South Dakota, Washington and Wisconsin.
08/24/2018