Anthem completes purchase of Medicare Advantage firm HealthSun

Anthem concluded its acquisition of HealthSun, a Medicare Advantage health insurance company serving beneficiaries in Florida, Dec. 21.

Under the deal, HealthSun will operate as a wholly-owned subsidiary of Anthem, and HealthSun's associates will join Anthem's government business division. Established in 2005, HealthSun covers more than 40,000 Medicare Advantage members in Florida's Miami-Dade and Broward counties. The acquisition will bring Anthem's affiliated Medicare and Medicaid plan population to 650,000 consumers in Florida. 

HealthSun has a network of 19 wholly-owned primary care and specialty centers, and offers pharmacy and transportation support.

Financial details of the transaction were not disclosed.

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