Proposed Acquisition of MercyCare Insurance Company and MercyCare HMO, Inc.

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Last Updated: May 30, 2024​

Information on the Acquisition of Control of MercyCare Insurance Company and MercyCare HMO, Inc. by MercyCare Merger Sub, Inc.

​On December 14, 2024, MercyCare Merger Sub, Inc. (Merger Sub, the “Applicant"), submitted a Form A filing, in the matter of the acquisition of control of MercyCare Insurance Company (MCIC) and MercyCare HMO, Inc. (MCHMO). As a result of the merger between Merger Sub and MCIC, MCIC will be wholly owned by MCHMO, MCHMO will be wholly owned by Mercy Health System Corporation (MHSC), and MHSC will be wholly owned by Mercy Health Corporation (MHC). The acquisition of control will occur as outlined in the merger agreement dated December 13, 2023.

Filings

• Transmittal Letter
  
• Form A Filing
  
• Agreement and Plan of Merger
  
• Pre- and Post-Transaction Organizational Charts
  
• Lists of Directors and Executive Officers
  
• Audited Financial Statements of Mercy Health Corporation for the Years Ended June 30, 2023 and 2022
  
• Audited Financial Statements of Mercy Health Corporation for the Years Ended June 30, 2021 and 2020
  
• Audited Financial Statements of Mercy Health Corporation for the Years Ended June 30, 2019 and 2018​
  
• Directors and Executive Officers Biographical Affidavits [CONFIDENTIAL]
• Financial Projections of the Domestic Insurer [CONFIDENTIAL]
• Business Plan of the Domestic Insurer [CONFIDENTIAL]​

Recommendation Documents

• Recommendation Memo​

Approval Documents

• Approval Letter​​​