CareFirst enters Medicaid market with two acquisitions

Baltimore-based health insurer CareFirst BlueCross BlueShield will acquire two firms working in the Medicaid health coverage market, along with their combined 81,000 regional customers. CareFirst announced Friday it had reached definitive agreements with both Trusted Health Plan of Washington, D.C. and University of Maryland Health Partners of Baltimore, which is owned by the University of Maryland Medical System. The boards of all three organizations have approved the acquisitio n deals. Financial…
Source: bizjournals.com Health Care:Biotechnology headlines - Category: Biotechnology Authors: Source Type: news