Hospitals
Providence Health Plan to shut down after Medicare Advantage deal collapses
Providence Health Plan will close completely after a proposed transaction with an unnamed national insurer fell through, according to Healthcare Dive. The regional health plan had been in talks to keep its Medicare Advantage plans operating, but the agreement failed "despite significant effort on all sides," a Providence spokesperson said.
By The Desk - Jordan Leahy·August 21, 2026
The collapse of the deal leaves the health plan without a path to continue operations. No further details on the timeline for closure or the impact on members were provided in the report.