Maxicare to Sell Tucson Plan: Maxicare Health...
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Maxicare to Sell Tucson Plan: Maxicare Health Plans Inc., which has filed for protection from creditors under federal bankruptcy laws, has reached a definitive agreement to sell its Tucson plan to a unit of Tucson Medical Center. The deal would transfer Maxicare-Health America Health Plans, a 45,000-member health maintenance organization, to Healthways of Arizona, which operates the HMO known as Partners. Healthways is jointly owned by the medical center and Partners National Health Plans. Completion of the deal requires approval of the companies’ boards, government regulators and the bankruptcy court.
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