FLINT (AP) -- Flint-based-based McLaren Health Care says it has reached a deal to buy a 34,500-member Medicaid health maintenance organization from an Ohio company.
McLaren says it plans to acquire the Lansing-based CareSource Michigan from Dayton, Ohio-based CareSource.
The Michigan Office of Financial and Insurance Regulation must review and approve the deal, a process expected to take 90 days.
If it gets approval, McLaren says it plans to merge the operations of CareSource Michigan with its Flint-based McLaren Health Plan.
McLaren said Wednesday that the purchase would expand McLaren Health Plan's Medicaid managed care operations from 30 to 53 of Michigan's 83 counties.
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