News Headlines Article

Humana to acquire Medicare Advantage HMO
Modern Healthcare

Humana, Louisville, Ky., has signed an agreement to acquire Arcadian Management Services, a Medicare Advantage HMO based in Oakland, Calif. Terms of the deal were not disclosed. Arcadian, which does business as Arcadian Health and offers products under various other names, has approximately 64,000 members in small and medium-size communities in 15 states: Arizona, Arkansas, California, Georgia, Louisiana, Maine, Missouri, New Hampshire, New York, North Carolina, Oklahoma, South Carolina, Texas, Virginia and Washington, according to a Humana news release. Arcadian’s 2010 revenue was $622 million, the release said.