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Announced

Blue Cross Blue Shield of Arizona to acquire Steward Health Choice Arizona from Steward Health Care System.

Synopsis

Blue Cross Blue Shield of Arizona, which offers health and dental insurance plans for individuals and families in Arizona, agreed to acquire Steward Health Choice Arizona from Steward Health Care System, the largest private, tax-paying physician-led health care network in the United States. Financial terms were not disclosed. "Steward's guiding principle and proven model as a leading Accountable Care Organization is to provide an integrated approach to health and wellness for our patients. By concentrating on our providers and our Accountable Care Organization, we're enhancing our commitment to patients' well-being," Michael Callum, Steward Health Care Executive Vice President.

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