Cigna Completes Acquisition of QualCare Alliance Networks

On Mar 2, 2015

Cigna has completed its acquisition of Piscataway-based QualCare Alliance Networks, Inc. (“QANI”) on February 28. The acquisition, combines Cigna’s broad and integrated portfolio of health-related products, services and national scale with QANI’s expertise and capabilities in working with hospital systems to drive innovation, affordability and value.

QANI will continue to offer its full suite of existing products and services and will continue to be led by Annette Catino, QANI’s founder and chief executive officer. Cigna and QANI together will focus on locally-tailored innovations to drive customer engagement and meet personal health needs. They will also offer hospital systems and physician groups a broad suite of both managed services and solutions. Examples include multi-tier plan administration, population analytics, performance reporting and management, clinical benchmarking and other services.

Terms of the acquisition were not disclosed.

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