Henry Ford Health System and Health Alliance Plan (HAP) has agreed to acquire Trusted HP – Michigan, a Detroit-based medicaid plan that serves around 9,000 members.
The acquisition of Trusted HP, formerly known as Harbor Health Plan, marks HAP’s re-entry into the state of Michigan’s Medicaid HMO service area. The area is known as Region 10 and includes Wayne, Oakland and Macomb Counties.
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Henry Ford Health System president and CEO Wright L. Lassiter, III, said: “As both a health insurer and healthcare provider, we are uniquely positioned to offer seamless, holistic care and coverage to our Medicaid population – a fully integrated approach focusing on quality and efficiency that creates lasting value for our patients and members.”
Following completion of the transaction, Trusted HP – Michigan members will continue to consult with their existing doctor and use their services and current ID cards.
Additionally, two dozen staff of Trusted HP – Michigan will become part of the HAP team.
Health Alliance Plan president and CEO Terri Kline said: “True integration between provider and payer is extremely important to our Medicaid population.
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By GlobalData“We also know how critical it is to understand our members’ individual needs and concerns. By uniting our dedication to both, we are creating something truly exceptional for the people of southeast Michigan and we are so excited to welcome these new members into the HAP family.”
At present, HAP serves approximately 570,000 members across Michigan. HAP Midwest Health Plan, a subsidiary of HAP, provides medicaid products under the HAP Empowered name.
Financial terms of the transaction were not disclosed.
