UnitedHealthcare to Acquire Medicare Advantage Group XLHealth

Health insurer UnitedHealthcare will acquire XLHealth Corp., a Medicare Advantage company that serves roughly 113,000 people, according to a joint news release.

Terms of the deal were not disclosed, and the all-cash transaction is expected to close during the first half of 2012, pending regulatory approvals.


XLHealth, which estimates its 2012 revenue will top $2 billion, has Medicare Advantage members in six states and will expand its business to six more states in 2012, according to the news release.

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