logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

CareSource acquires Commonwealth Care Alliance

Apr 09, 2025•8 months ago

Acquiring Company

CareSource

Acquired Company

Commonwealth Care Alliance

DaytonBostonInsuranceNon ProfitHealth Care

Description

CareSource has acquired Commonwealth Care Alliance, aiming to support the insurer's long-term sustainability for Massachusetts residents. CCA will continue to operate under the CareSource brand, maintaining its care teams and programs. The acquisition enables both organizations to share resources and expertise in managing complex healthcare needs. CCA's financial challenges prompted the search for a buyer, ultimately leading to this partnership.

Company Information

Company

CareSource

Location

Dayton, Ohio, United States

About

CareSource is a nonprofit, nationally recognized managed care organization with over two million members. CareSource administers one of the largest Medicaid managed care plans in the U.S. The organization offers health insurance, including Medicaid, Health Insurance Marketplace and Medicare products. As a mission-driven organization, CareSource is transforming health care with innovative programs that address the social determinants of health, prevention and access to care. 

Related People

Sign in to view contact details

Sign in to view contact details

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed