News Release: Hudson Health Plan Has Entered into a Membership Substitution Transaction with MVP Health Care.

PressReleaseIconMay, 15, 2013 – Hudson Health Plan, one of the largest Medicaid managed care companies in New York, was established in 1985 by a group of Federally Qualified Health Centers. Hudson Health Plan currently serves approximately 120,000 members in Medicaid, Family Health Plus, and Child Health Plus programs across six counties in New York State.

Hudson Health Plan retained Cain Brothers as its exclusive financial advisor to evaluate strategic alternatives. The Cain Brothers team successfully negotiated a membership substitution transaction with MVP Health Care, creating one of the highest quality health plans in New York State. The transaction is subject to regulatory approval.

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