PacifiCare Health Systems, Inc. to merge with UnitedHealth Group
07/07/2005
We are pleased to announce that PacifiCare Health Systems, Inc. headquartered in Cypress, California has reached a definitive agreement to merge with UnitedHealth Group.
This highly complementary merger will join UnitedHealthcare's national health services capabilities with PacifiCare's deep relationships in the West. Combining PacifiCare's strong local networks, brand reputation and product portfolio with UnitedHealthcare's national presence, technology and administrative capabilities will offer distinctive new opportunities in the market place. Consumers will experience broader choice, better access, and higher quality service than ever before. And, you and your customers will be offered a broader range of innovative and affordable products and services on an accelerated timeline.
Over the next several months, we will be taking the steps necessary to complete this transaction. We value our relationship with you, and as such will work closely with you to deliver the same high quality service you expect. We will continue to provide updates and will give you ample notice of any future changes.
We are committed to realizing the benefits that the integration of UnitedHealthcare and PacifiCare will bring. We look forward to a future built around growth through superior products that meet your high expectations.