ALPHA Fund and BETA Healthcare Group Boards Approve Merger

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In response to the growing tide of consolidation in healthcare as well as cyclical market conditions, the Boards of ALPHA Fund, a California joint powers authority and self-insured workers’ compensation program (“ALPHA”) and BETA Healthcare Group Risk Management Authority, a California joint powers authority and self-insured healthcare professional liability program (“BETARMA”) have approved a merger that would combine ALPHA and BETARMA into a single entity.

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