Commonwealth Care Alliance Completes Acquisition Of Vitality Health Plan Of California
Apr 14, 2022•over 3 years ago
Acquiring Company
Commonwealth Care Alliance
Acquired Company
Commonwealth Care Alliance
Description
Commonwealth Care Alliance® (CCA), a national, multi-state healthcare organization with proven expertise in complex care coordination and delivery, has completed its acquisition of Vitality Health Plan of California. This marks another milestone for CCA’s long-term growth strategy to achieve mission-driven geographic diversification.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed