Becker's Healthcare February 14, 2024
CareOregon and SCAN Group have called off a proposed merger between the two nonprofit insurers, after state regulators expressed skepticism about the deal.
In a joint statement shared with Becker’s Feb. 14, the two insurers said they mutually agreed to withdraw their application to affiliate from Oregon regulatory agencies.
“SCAN and CareOregon share a commitment to preserving and protecting nonprofit, locally based healthcare and that has always been our goal in combining under the HealthRight Group. Our intent in coming together was to support Oregon’s healthcare system and the people that CareOregon serves,” the statement read. “However, despite our efforts, there are still questions about our combination.”
The two insurers first announced plans to merge under the...
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