Datapoint: Froedtert Health Set to Acquire Wisconsin Insurer
Milwaukee-based integrated health system Froedtert Health on Nov. 1 finalized a plan to purchase Ascension Wisconsin’s interest in Network Health and fully acquire the commercial and Medicare Advantage insurer. Each organization previously held a 50% ownership interest in the insurer, which serves 23 Wisconsin counties and enrolls 116,756 members, according to AIS’s Directory of Health Plans. About 36% of its members are enrolled in commercial risk-based products, while 62% are enrolled in MA. Earning its third consecutive overall 5-star rating for 2024, Network Health was recently listed as one of 31 MA Prescription Drug contracts to earn 5 stars from CMS.
Source: AIS’s Directory of Health Plans