Anthem buys MMM Holdings in Puerto Rico

Anthem Blue Cross Blue Shield has completed its acquisition of Puerto Rico- based MMM Holdings, LLC and its Medicare Advantage (MA) plan and Medicaid plan. Anthem will be adding 275,000 Medicare Advantage members and 314,000 Medicaid members to their rolls. Anthem CEO Gail Boudreaux said in a statement, “We’re pleased to complete the acquisition of MMM and work with our new colleagues to serve Medicare and Medicaid-eligible individuals and consumers in Puerto Rico.” Read the article here…

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