Aspirus Seeks Sole Ownership of Health Plan


 

Aspirus is pleased to announce plans to acquire full ownership of Aspirus Arise Health Plan of Wisconsin. Upon regulatory approval by the Wisconsin Office of the Commissioner of Insurance, Aspirus will buy WPS Health Solutions’ ownership stake in the Wisconsin-based health plan.

“To help our communities become as healthy and vibrant as possible, it is important for Aspirus to provide a full range of health services and support,” said Matthew Heywood, president and CEO of Aspirus. “From active living programs to clinic and hospital care to health insurance, we want to help families achieve and maintain peak wellness.”

Aspirus Arise was created in 2016 as a joint venture between Aspirus and WPS. Aspirus Arise has experienced strong growth through its innovative approaches to health insurance and transparent interactions with customers.

WPS ultimately agreed to sell its interest in Aspirus Arise to avoid a potential conflict of interest with its growing business as a federal contractor. Aspirus and WPS maintain a strong working relationship, and after the sale WPS will continue to provide the same support services, such as claims processing and customer service, to Aspirus Arise members. As such, the ownership transition will not affect Aspirus Arise employees, plan members or providers.

“WPS was proud to launch the health plan with Aspirus three years ago, and we look forward to continuing to provide administrative services for Aspirus Arise and its members,” said Mike Hamerlik, WPS president and CEO.

Aspirus is committed to providing affordable, excellent health insurance to Wisconsin communities. “We will continue to explore new ways to grow Aspirus Arise and enhance products and services for our members,” Heywood said.

For more information about Aspirus Arise, please visit aspirusarise.com



February 12, 2019


Topic Area: Press Release


Recent Posts

Healthcare Is the New Retail

How site selection strategies are shaping the future of medical real estate.


Bridgeway Behavioral Health Services Launches Campaign to Renovate Health Center

The $2 million capital campaign aims to renovate and expand the outpatient behavioral health center in Elizabeth, New Jersey.


Ground Broken for New North Dakota State Hospital

The 300,000-square-foot facility in Jamestown will provide 140 beds in a modern, trauma-informed care environment.


AI Usage for Healthcare Facilities

People in all industries are finding more use cases for artificial intelligence.


Ground Broken on Pelican Valley Senior Living Modernization Project

It is expected to reach completion in early-mid 2027.


 
 


FREE Newsletter Signup Form

News & Updates | Webcast Alerts
Building Technologies | & More!

 
 
 


All fields are required. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

 
 
 
 

Healthcare Facilities Today membership includes free email newsletters from our facility-industry brands.

Facebook   Twitter   LinkedIn   Posts

Copyright © 2023 TradePress. All rights reserved.