Approved acquisition of PacificSource Health Plans and PacificSource Community Health Plans by Legacy Health

On June 24, 2016, the acquisition of PacificSource Health Plans and PacificSource Community Health Plans by Legacy Health was approved by the Oregon Division of Financial Regulation.

The administrative order approving the transaction is available here:
Approval order: PacificSource Health Plans and PacificSource Community Health Plans by Legacy Health

A copy of the Form A filing describing the merger is available here:
PacificSource Health Plans/Legacy Health Form A filing

Below are links to documents, records, and hearing materials relevant to the decision.

Hearing materials

• Agenda
• Legacy/PacificSource Joint Venture Presentation slides
• Public comments received

Hearing audio recording

Form A filing exhibits and supplemental documents

• Member Interest Acquisition Agreement
• Consolidated Financial Statements of PacificSource and Subsidiaries: September 30, 2015
• PacificSource Health Plans and Subsidiaries Independent Auditors' Report and Consolidated Financial Statements and Supplemental Information Years Ended December 31, 2011 And 2010
• PacificSource Health Plans and Subsidiaries Independent Auditors' Report and Consolidated Financial Statements and Supplemental Information Years Ended December 31, 2013 and 2012
• PacificSource Independent Auditors' Report Consolidated Financial Statements and Supplemental Information Years Ended December 31, 2014 and 2013
• PacificSource Health Plans Proforma Capital and Surplus Statutory Basis (redacted)
• PacificSource Form A Projection of Financial Results Including Historical Information and Proforma Balance Sheets: Three Year Projection 2016 through 2018
• Legacy Health and Affiliates Consolidated Financial Statements and Other Financial Information March 31, 2011 and 2010 (with independent auditors' reports)