Anthem To Acquire America’s 1st Choice

Anthem announced that it will be acquiring America’s 1st Choice. The financial terms of the deal have not been disclosed.

Statements from Anthem officials stressed the company’s anticipation that the purchase will enhance its ability to deliver a broad variety of cost-effective high quality plans to meet the diverse needs of the Medicare population. Additionally, the acquisition should improve Anthem’s ability to bring high quality, cost-efficient care to its managed care consumers, particularly for more vulnerable populations, such as dual eligible and those living with chronic conditions. It is expected that the acquisition will close . . .