News Briefs
July
1
✦ Anthem, Inc. completed its previously announced acquisition of Puerto Rico-Based MMM Holdings from InnovaCare Health. The deal adds more than 275,000 Medicare Advantage members and more than 314,000 Medicaid members to Anthem’s membership, according to a June 30 press release. Citi estimated the transaction will increase Anthem’s MA rolls by 17%. Financial details of the transaction were not disclosed.
✦ After the Biden administration revoked CMS’s prior approval of Medicaid work requirements in Arizona and Indiana, it was reported that Georgia will delay its partial Medicaid expansion by at least one month.
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