M&A Deal Summary |
|
|---|---|
| Date | 2020-11-27 |
| Target | University of Maryland Health Partners |
| Sector | Healthcare Services |
| Buyer(s) | CareFirst BlueCross BlueShield |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 1934 |
| Sector | Insurance |
CareFirst, an independent licensee of the Blue Cross and Blue Shield Association, is a not-for-profit health care company which, through its affiliates and subsidiaries, offers a comprehensive portfolio of health insurance products and administrative services to 3.2 million individuals and groups in Maryland, the District of Columbia and Northern Virginia. In 2018, CareFirst invested $38 million to improve overall health, and increase the accessibility, affordability, safety, and quality of health care throughout its market areas.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector: Healthcare Services M&A | 3 of 3 |
| Type: Add-on Acquisition M&A Deals | 3 of 3 |
| State: Maryland M&A | 2 of 2 |
| Country: United States M&A | 3 of 3 |
| Year: 2020 M&A | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-11-27 |
University of Maryland Health Advantage
Timonium, Maryland, United States University of Maryland Health Advantage provides healthcare services by promoting strong doctor-patient relationships connecting Maryland beneficiaries to a large local network of physicians and providers all in an effort to combine Medicare coverage with added benefits and services, and better care overall. |
Buy | - |