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Meritain Health
↗Amherst, New York, USA
Meritain Health is a prominent third-party administrator (TPA) in the United States, specializing in the administration of self-funded health benefit plans for employer groups. The company provides a range of services, including network management, cost management, wellness programs, and consumer-directed health plans.
Originally founded in 1983 as North American Health Plans, the company rebranded to Meritain Health in 2006. It was acquired by Aetna in 2011 and subsequently became part of the CVS Health family in 2018. It currently operates as an independent subsidiary of Aetna and CVS Health, serving over 1.5 million members and 1,400 employer groups.
CLASSIFICATION
Company Type:Digital Health
Therapeutic Areas:-
Industry:Digital Health
Sub-Industry:Health Benefits Administration / TPA
SIZE & FINANCIALS
Employees:1001-5000
Founded:1983
Ownership:subsidiary
Status:operating
STOCK
Exchange:NYSE
Ticker:CVS
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CORPORATE STRUCTURE
Parent Company:CVS Health
Acquired By:CVS Health (via Aetna) (2018-11-01)
Key Partnerships:Aetna (Parent), CVS Health (Parent)
COMPETITION
Position:Leader
Competitors:CoreSource, UMR, Allied Benefit Systems
LEADERSHIP
Key Executives:
Mark Schmidt - General Manager
LINKS
Website:meritain.com
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