Norfolk, Virginia-based health system Sentara Healthcare has finalized its purchase of nonprofit health insurer AvMed. The deal will expand Sentara’s presence to Florida, where Miami-based AvMed currently serves 230,785 medical lives in its commercial health insurance products. Sentara’s health insurance subsidiaries, Optima Health and Virginia Premier, cover 553,005 members in North Carolina, Ohio and Virginia. Sentara is the sixth-largest insurer in Virginia.
Source: AIS’s Directory of Health Plans