Aetna acquires Prodigy Health Group

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Jun 29 2011Aetna

Aetna (NYSE: AET) today announced that it has completed its acquisition of Prodigy Health Group, the nation's largest independent third party administrator (TPA) of self-funded health care plans. Headquartered in New York City, Prodigy Health Group has approximately 600,000 medical members, approximately 450,000 pharmacy members, and operates in 15 states.

The transaction was announced on April 28, 2011. Prodigy Health Group will maintain its current management and operating structure and compete under its own brands.

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Aetna

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