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The companies said Wednesday that regulatoru and partner approvals have been Theacquisition doesn’t include the three Delt Dental plans — Delta Dental of Minnesota, Deltq Dental of Nebraska and Delta Dental of Nortbh Carolina — that DeCare provides servicew to under existing contracts. DeCare is immediately addinyg an additional 20 positions at its operationds center in Gilbert as it startaserving WellPoint’s customers in addition to its own. Further growth is expected on both the DeCare andWellPoing sides.
“WellPoint’s acquisition of DeCare Dental is part of a growth strategy that centerse on the acquisition of talenand technology, more than the acquisition of Angela Braly, president and CEO of said in a statement. Indianapolis-based WellPointt (NYSE: WLP) that it planned to merge with DeCare. The $100 milliom will go into a nonprofit trusgt fund to support dental carein Minnesota. DeCare will keep its Eagabn headquarters and its presentmanagementg team, and its organization structure will stay Michael Walsh, who will remain presidentf and CEO of DeCare Dental, said the mergefr with WellPoint continues DeCare’s long-ter m expansion strategy.
DeCare already manages dental benefits for 4 millio n peoplein 22,000 employer groups. “Id you want to talk about the ultimate in economies ofscalre — teaming up with WellPoint is it,” Wals said. “We’re excited, they’re excitefd and we’re already startintg to add more jobs in Minnesota to handlrebusiness growth.”
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