Fierce Healthcare February 14, 2024
A little over a year after announcing their plans to merge, SCAN Group and CareOregon are calling it quits.
The two insurers have “mutually agreed” to end the talks to combine amid concerns from regulators in the Beaver State and other stakeholders about the implications of the combination, they confirmed in a joint statement to Fierce Healthcare.
“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,” th two payers said. “Our intent in coming together was to support Oregon’s healthcare system and the people that CareOregon serves. However, despite our efforts, there are still questions about our combination.”
“As a result, SCAN...