Datapoint: Anthem to Acquire InnovaCare’s Medicare Advantage, Medicaid Plans

Anthem, Inc. last week said it entered a deal to acquire InnovaCare Health’s MMM Holdings, the largest Medicare Advantage organization in Puerto Rico. InnovaCare currently enrolls 262,654 Medicare Advantage and dual eligible members, largely in Puerto Rico, though a handful of members reside in Florida. Anthem will also acquire InnovaCare’s managed Medicaid plan, which currently serves 302,415 beneficiaries in Puerto Rico.

Source: AIS’s Directory of Health Plans

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