Highmark Expands Public-Sector Presence With Spate of Acquisitions

Pennsylvania Blues powerhouse Highmark Health completed a series of acquisitions in 2021 that stand to boost its public-sector membership by nearly 500,000 lives. First, in March, Highmark completed an affiliation deal with HealthNow New York Inc., the parent company of BlueCross BlueShield of Western New York and BlueShield of Northeastern New York, expanding its reach to the Empire State in several key markets, including Medicare Advantage. Then on Sept. 7, Highmark took full ownership of Gateway Health Plan, the third-largest Medicaid insurer in Pennsylvania. (Highmark originally held a 50% stake in the company). Gateway’s offerings will be rebranded as Highmark Wholecare. With these deals bringing its overall enrollment up to about 4.6 million lives, Highmark has become the fifth-largest Blues affiliate in the U.S., according to AIS’s Directory of Health Plans.

© 2022 MMIT
Carina Belles

Carina Belles

Carina is a reporter at AIS, specializing in public sector data research, trend analysis and infographics. She holds a Bachelor of Science in Journalism from Ohio University, joining AIS shortly after graduating in 2014.

Related Posts

pharmacists-in-pharmacy
May 5

CMS Finalizes MA Rule Provisions, Delays Pharmacy DIR Change

READ MORE
case-files
May 5

OIG Report on Prior Authorization Denials Puts Pressure on CMS

READ MORE
analyst-looking-at-earnings
May 5

PHE Extension, Medicare AEP Boost ’22 Earnings Projections

READ MORE

GAIN THERAPEUTIC AREA-SPECIFIC INTEL TO DRIVE ACCESS FOR YOUR BRAND

Sign up for publications to get unmatched business intelligence delivered to your inbox.

subscribe today