MemorialCare announces agreement to purchase certain Universal Care assets

The nonprofit MemorialCare Health System announced this week an agreement to purchase specific assets of Signal Hill-based Universal Care and the filing of an application for its newly formed Seaside Health Plan to become a California licensed health plan. Seaside is organized to support managed Medi-Cal members and prepare for the California Children’s Services (CCS) demonstration project that addresses the needs of children with certain diseases and ongoing medical conditions.
According to a press release issued by MemorialCare, these developments enhance its mission of ensuring Southland communities have convenient access to high-quality, evidence-based medicine, superior value, exceptional service and a network of integrated providers, including top hospitals, physicians, outpatient services, ambulatory centers and preventive care for all ages.
“The new capabilities further our role in population health management, accountable care, medical homes, information technology, best-practice medicine and other elements of health reform,” said Barry Arbuckle, PhD, president & CEO, MemorialCare Health System. “They expand our ability to further partner with health plans, employers, hospitals, physicians and providers to better serve patients and local communities.”

Source: MemorialCare

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