IBC and PBS Acquire Interest in Green Spring

OPEN MINDS The Behavioral Health Industry Analyst Industry News Green Spring Health Services, Inc. of Columbia, Maryland announced that Independence Blue Cross (IBC) of Philadelphia, Pennsylvania and Pennsylvania Blue Shield (PBS) of Camp Hill, Pennsylvania have each acquired 16.6% of Green Spring's acquisition of Philadelphia-based TAO, Inc. IBC and PBS are the newest of Green Spring's parent companies, which also include Blue Cross of Western Pennsylvania, Blue Cross and Blue Shield of Illinois, Pierce County Medical Bureau (a Blue Shield Plan) and Blue Cross and Blue Shield of New Jersey . . .