Industry Bulletins | January 25, 2023
Sentara Healthcare Acquires AvMed Health Plan In Florida
Sentara Healthcare acquired AvMed, a Florida-based not-for-profit health plan with more than 200,000 members, from SantaFe HealthCare, Inc. Financial terms were not disclosed.
Sentara Healthcare, is a large not-for-profit integrated health care delivery system in the U.S. Mid-Atlantic region. With this acquisition, its health plan membership approaches 1.2 million. The affiliation enables Sentara to leverage its deep experience serving communities in Virginia to now serve similar communities in Florida. It creates greater economies of scale allowing Sentara to better coordinate care, enhance overall experience, improve affordability, and continue capability investments to . . .