Here is a link to the story from Forbes. Not much detail here as the terms were not disclosed. Arcadian has about 64,000 HMO members and the acquisition will not materially impact Humana’s financials. The deal is subject to regulatory approval. The pace of acquisitions has been fairly rapid in the Medicare Advantage and Part D space with HealthSpring closing on Bravo late this year, CVS-Caremark closing on the Part D business of Universal American earlier this year and Wellpoint recently closing on CareMore.
I don’t see any reason not to expect a few more deals before the end of this year.