News Summary
CareSource has officially acquired Commonwealth Care Alliance (CCA), aiming to improve healthcare services for nearly 50,000 Massachusetts residents. This acquisition ensures continuity of care within CCA’s Senior Care Options and One Care plans while allowing access to enhanced resources from CareSource. With a focus on addressing complex health and social needs, this partnership seeks to redefine healthcare delivery in the community.
CareSource Expands Reach in Massachusetts with Acquisition of Commonwealth Care Alliance
Dayton, Ohio, is making waves in the Massachusetts healthcare scene as CareSource, a renowned nonprofit managed care organization, has officially completed its acquisition of Commonwealth Care Alliance (CCA). This exciting development was announced on April 9, 2025, and promises to change the way healthcare is delivered to thousands of residents in the Bay State.
What This Means for Massachusetts Residents
With this acquisition, CareSource is ensuring that CCA will continue to operate its popular Senior Care Options (SCO) and One Care plans, all under the umbrella of CareSource’s Family of Brands. For the members of CCA, this means continuity in their care as they will keep working with their existing teams and providers. Plus, they’ll get to enjoy enhanced support and capabilities thanks to CareSource’s extensive resources and experience.
CareSource has established itself as a strong player in the Medicaid managed care marketplace, boasting over 35 years of experience and serving more than 2 million members across 13 states. With the acquisition, CCA will be able to extend its reach to nearly 50,000 Massachusetts residents who qualify for both Medicare and Medicaid, improving access to essential healthcare services for many vulnerable individuals.
Focusing on Complex Needs
Founded with the mission to serve individuals facing significant health challenges, CCA has carved out a niche primarily assisting those with complex physical and behavioral health needs. This population often deals with other social challenges—think housing instability, food insecurity, and transportation issues. The acquisition aims to bolster CCA’s capabilities to tackle these complexities through an innovative care model that places an emphasis on health and social determinants.
In fact, CCA is already providing specialized primary care through clinics located in Springfield and Boston while also offering home-based primary care for about 1,100 individuals. Their unique approach includes clinical programs designed for members experiencing acute behavioral health and/or substance use disorders, such as a respite care unit that aims to provide essential support when it is most needed.
Building a Stronger Healthcare System
The partnership between CareSource and CCA is more than just a business deal; it’s about leveraging shared resources and expertise to better address critical health needs within the community. Employees of CCA will now officially become a part of the CareSource workforce, ensuring a smooth transition and continuity of care for all existing members.
With leadership changes forthcoming, CCA President & CEO Chris Palmieri will step down as part of a planned transition, while Erhardt Preitauer takes the helm at CareSource, steering the organization towards new possibilities for growth and innovation.
Gratitude and a New Chapter
CareSource expressed its appreciation to the Massachusetts Executive Office of Health and Human Services and Governor Healey, acknowledging their invaluable support throughout the acquisition process. As the outgoing chairman of CCA’s board of directors remarked, CareSource perfectly aligns with CCA’s values, promising to enhance care for the populations they serve.
While the specifics of the financial terms of the acquisition have yet to be disclosed, it’s clear that this move reflects CareSource’s commitment to transforming healthcare through innovative programs that address prevention and access to care. Massachusetts residents can look forward to a brighter, healthier future as CareSource and Commonwealth Care Alliance work together to redefine what healthcare means in the community.
Deeper Dive: News & Info About This Topic
- Healthcare Finance News
- Wikipedia: Managed Care
- GlobeNewswire
- Google Search: CareSource Commonwealth Care Alliance
- Boston Globe
- Encyclopedia Britannica: Healthcare
- Fierce Healthcare
- Google News: CareSource
- Modern Healthcare
- Google Scholar: CareSource Massachusetts
