Humana Buying Universal Healthcare?
- Thread starter superdave
- Start date
Universal has some good snip's. Hope they keep 'em. I had one in the hopper when they bailed.
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I see a trend where we are going to have a few major carriers who buy up all the other ones...
G
Guest
Guest
I agree Medwest, we are going to end up with the top 4 dogs.
Aenta, bc/bs, humana and UHC.
Aenta, bc/bs, humana and UHC.
- Thread starter
- #7
MBF Healthcare to buy Universal HMO, more than double membership
MBF Healthcare Partners could more than double the HMO membership that it oversees as it signed a letter of intent to acquire certain assets of Universal Health Care Group.
The Coral Gables-based private equity firm, led by Chairman Mike B. Fernandez, already owns the Simply Healthcare Plans HMO, which offers Medicaid plans, and Better Health, a provider service organization plan.
Financial terms of the deal for St. Petersburg-based Universal Health Care weren’t disclosed. The HMO earned $3 million on premiums of $109 million in the first nine months of 2012, according to the Florida Office of Insurance Regulation. As of Sept. 30, it had 65,819 Medicaid and 52,226 Medicare members.
However, Universal Health Care stopped marketing its Medicare services this month.
At the same time, Simply Healthcare had 28,624 Medicaid, 3,858 Medicare and 2,119 Healthy Kids members.
MBF Healthcare Partners could more than double the HMO membership that it oversees as it signed a letter of intent to acquire certain assets of Universal Health Care Group.
The Coral Gables-based private equity firm, led by Chairman Mike B. Fernandez, already owns the Simply Healthcare Plans HMO, which offers Medicaid plans, and Better Health, a provider service organization plan.
Financial terms of the deal for St. Petersburg-based Universal Health Care weren’t disclosed. The HMO earned $3 million on premiums of $109 million in the first nine months of 2012, according to the Florida Office of Insurance Regulation. As of Sept. 30, it had 65,819 Medicaid and 52,226 Medicare members.
However, Universal Health Care stopped marketing its Medicare services this month.
At the same time, Simply Healthcare had 28,624 Medicaid, 3,858 Medicare and 2,119 Healthy Kids members.
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Humana buyin sumthin ?? who really cares ??
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