The approval is the final step in the nonprofit health insurer’s transition into a for-profit entity. Acquiring investors include Annapolis, Md.-based Anne Arundel Health System, Baltimore-based LifeBridge Health and JARS Health Investments.
The health plan has 24,000 members.
More articles on payer issues:
Cleveland Clinic, Oscar Health to offer co-branded health plan
Centene to enter ACA exchanges in 3 states
BCBS of Louisiana names CMO: 5 notes
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
