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New Deal


Announced

Completed

Anthem completed the acquisition of MMM Holdings from InnovaCare Health.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Cross Border

Puerto Rico

Health Care Services

Majority

Acquisition

Single Bidder

medicare plans

Private

Completed

Synopsis

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Anthem, a health benefits company, completed the acquisition of MMM Holdings, which provides medicare health plans, from InnovaCare Health, a provider of integrated healthcare solutions. Financial terms were not disclosed. "We are pleased to expand Anthem’s commitment to serve Medicare and Medicaid-eligible individuals and consumers to Puerto Rico. We remain focused on providing services that drive greater value while giving members access to care and services that meet their diverse needs, enhance their experience, and help them lead healthier lives," Gail K. Boudreaux, Anthem President and CEO.

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