has sold its 50% interest intoWe advised Temple University on this transaction.
Temple University in Philadelphia, PA
November 4, 2021
Transaction Involving:
Academic
Assigment:
Purchased Interest
Temple University in Philadelphia has divested its 50% ownership stake in Health Partners Plans (HPP) to Jefferson Health. HPP is a non-profit hospital-owned Medicare and Medicaid Health Maintenance Organization (HMO) covering 290,000 lives in Eastern-Pennsylvania. The transaction was valued at $305 million.
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